Petrel Resources - moderated discussion/research part II


simon self - Fri, 29 Dec 06 :


Sharebuff, in an ideal world PET would be well placed for contracts and would be a sound investment. But Iraq is in a shambles, the government is worthless, and with the distinct possibility of an early election there and a new coalition in power before the end of the year the chances of the HCL getting through parliament is extremely remote imo.
I am a holder and can wait forever if needs be that is why I am looking at the situ in a realistic fashion. I am not desperate for a quick result!!

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