OTCPK:WSRLF - Post by User
Post by
vindaloo_u2on Apr 27, 2012 10:11am
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Post# 19843451
Opinions
Opinions This might sound a bit 'pumpy' but it's not meant to...i would like to see this through to super giant status. I do not want this taken over any time soon. However, If you were a massive european energy company (Total, ENI, Statoil etc), would you buy the BIR as non-operator in Garmian, subsequently pushing up your partners market cap and adding value to a company you inevitably will take over completely or would you attempt to buy the company outright by making an offer that the majority of shareholders couldn't refuse? If they wish to take on the risk and wrath associated with the iraqi govt/hedge fund, then why not go 'all in' now at a fraction of what it will be worth in 2 years? I know that an euro oil firm has supposedly already won the right to exploit garmian but what were they thinking??