GREY:ARHTQ - Post by User
Comment by
kaosblueson Sep 13, 2010 10:58am
387 Views
Post# 17440685
RE: RE: RE: RE: Question
RE: RE: RE: RE: QuestionGoofy: You are up to your old tricks again I see. I am still not convinced about whether gas is commercially viable in Iraq or more particularly in this area or not, yet. Perhaps not at this precise moment, but given what we have seen especially in the last few months about plans to build gas infrastructure I think the days of of "not viable" are extremely limited. Prudent managers I can assure you are looking at this right now and making some heavy decisions in regard to gas production from Iraq. If they aren't they should be fired, point blank. Your point about it being unmarketable is simply a blatant falsehood. There is a huge screamin' market for gas in the Middle East let alone forecasts for Africa and growing demand in Southern Europe, and a lot of people are either overlooking that or are simply misinformed, as you appear to be.
Regardless, you are using the 10% commercial oil discovery rule as it applies to discoveries in some other parts of the world. Nice try. You are simply way off base here, try about 40 or 50 per cent and I might start listening to what you have to say. Otherwise, and as per usual, I simply say poppycock to just about everything you have to say.
It is important that newbies to this board do their homework, don't listen to this guy (or me for that matter except on this point) and find out for yourself what is really going on. I am convinced that if you do you will join the growing number of investors who should make a very handsome profit on this play if they have the bottle for it.