Sabotage destroyed much of Iran’s Fordow nuclear site
WND EXCLUSIVE, confirmed by CNBC's Larry Kudlow on his Monday evening show.
Sixteen North Koreans, including 14 technicians and two top military officers, are among those trapped after a Jan. 21 explosion destroyed much of Iran’s Fordow nuclear site, a source reveals. Do a Google search for "iran explosion nuclear" for more info.
What will this and Iran's eventual response do to oil prices, possibly just as WHX pays it's next dividend?
If you want to play rising oil prices, then why use a vehicle like this which doesn't have much time left and which anyway is 40% NG? Don't forget that the US is somewhat separated from world oil prices now, so any Iran issue (which is unlikely short term anyway) would impact Brent more than WTIC or other US benchmarks. Bottom line: no reason to think oil prices are going to spike, and if they do then WHX would not be the best vehicle to play that.
Liza, I really enjoy and appreciate your honest information posts. Very refreshing to find a few people on the boards that truly share their knowledge in this field. Thanks much...
I am sure many others feel the same way.
Recent denials and the lack of any hard proof, such as satellite images of damage or rescue efforts and no reports of recent seismic activity in the area, suggest this report is untrue. However, it still serves to illustrate that we are just one international incident away from $150/barrel oil which would raise future WHX dividends along with those of all other oil trusts.