GREY:CLLZF - Post by User
Post by
Goldfingerron Jul 15, 2010 11:40am
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Post# 17271664
Connacher, Iran, and the Gulf disaster.
Connacher, Iran, and the Gulf disaster.This stock looks like a good for the following reasons:
1. Iran - The US is sucking up to Israel big time. Iran represents the only threat to Israeli dominance of the middle east. This leads me to believe that the attack on Iran is only a matter of time. This will of course lead to much higher oil prices when the shooting begins.
2. The Gulf disaster - This is already the worst enviromental disaster in the history of the US if not the entire world and it still hasn't completely played out. The US has put a moratorium on all deep sea drilling and EU is thinking of following suit. Considering this is one of the few new sources of crude this bodes well for oil prices long term.
3. Connacher - Since global warming has been proven to be sham science there is no logical reason to stop tar sand exploitation. There are a few eviro-nuts that are still trying to make an arguement against tar sand production but considering the nightmare playing out in Gulf eviromental damage if any from tar sand production pales in comparison.