Post by
maysteeler23 on Jan 06, 2011 7:21pm
Billionaare Soros smart money
Bet with the biliomaire. Trust me that he did his homework
Comment by
digits on Jan 06, 2011 7:48pm
LOL .... Trust you? What a frikin' joke.Just ask EOIM what happened to SRU "investors" when they followed fellow gazillionaire Seymour Schulich. Trust me ... Soros can dump his shares all over the little guy just as fast as anyone else.
Comment by
good40 on Jan 06, 2011 8:55pm
If he has billions, why didn't he offer the cash for the extra 20% working interest ? Instead they mortgaged the farmand had to agree to a (ahem) 40% royalty rate. That's a 40% royalty rate, where all others with cash negotiated a 10% royalty.
Comment by
digits on Jan 06, 2011 9:01pm
Good question. It would be a pittance to him. The question also opens up other questions about his real intent here. The old PT Barnum adage applies here methinks. And he knows it.
Comment by
Vic_Money on Jan 06, 2011 9:22pm
"biliomaire". Someone obviously didn't do their spelling homework.
Comment by
maysteeler23 on Jan 07, 2011 1:19am
The Generl Energy statement about the LFD block being commercial, is just 1 of the reasons Soros owns 15% of this play