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InterOil Corporation Message Board

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  • bobbellis bobbellis Jul 19, 2010 12:36 PM Flag

    -- InterOil lacks financial resources & technical capability --

    strategyguy. I'm not short this stock or any other but I am indeed a pessimist here. The post above concerning the very real risk of no interest sale by IOC was taken right from Evan Calio.

    You need to open your eyes to what has happened in the LNG market over the past two years, ( GLUT ) You need to also open your eyes to the number of regional projects that are on track to bringing more LNG online.

    Also look at what is going on with SHALE GAS. The US no longer needs to import any LNG. This effects markets globally. Obama is opening up SHALE GAS technology to CHINA. India is looking at SHALE GAS development.

    Sorry the "longs" here are a bunch of ringers and hacks. They're pushing a story that is several years old and full of holes. jmo

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