OPEC only represents 40% of world oil production and there are some VERY big producers who want to produce MORE!!! The POO "game" will continue indefinitely, but, if AKK can get another couple of buck per barrel it certainly wouldn't do any harm. That's the only point that I was making.
I"ll let Bruutz fight that argument, which I'm sure he will delight in doing.
I noticed that you called yourself a "contrarian", maybe yes in the context of the arguments in this forum, but, I reckon that anyone who is actually putting their hard earned cash into AKK, before knowing those vital answers, is being highly contrarian on fundamental investment/punting grounds.
I'm sure you'd agree.
AKK Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
