RE: Anyhow...
Millionvester...
I have checked your portfolio & is quite impressive so I am not taking anything away from your opinion's regarding the middle east as pictures of libya don't lie.
True there have been demonstrations in both kurdistan & Iraq both to do with corruption, poverty , jobs, electricity & the esculating violence in the region.
However Iraq is not libya or eygpt and is a democratic governance waiting for the final pieces of the jigsaw to complete it's long awaited path to full independancy from the west. There have been rumbles offcourse ...as this is the middle east and that's what they do.
Now you have to price in the risk with these stocks and take along term view .....
Is 30 to 40 cents a risk worth taking for a company that has a CEO who took Bankers Petroluem from a penny stock to a $9 dollar stock in less than 5 yrs .
Is 30 to 40 cents worth risking for a potential billion barrel oil find in region where millions & billions of oil are the norm.
are you seriously waiting for it to go to 20 or 30 cents before you buy back on the hunch that iraq will be next to fall ?
I agree alot of risk is present in the market place concerning the middle east hence most stocks have taken a dive as you know , but Sonoro have in my eyes, a massive competetive advantage in the region & already ahead of the game.
I think alot will happen in less than your 12 - 24 month period and is already happening with news flow by end of month.
Buzz