Dont worry RR I will always look forwward to your posts it is not your fault how anything turns out good or bad,you just keep up the info coming.
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Thread: What Happened to RR?
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31-05-2007, 11:14 AM #11
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31-05-2007, 11:27 AM #12
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Hudson Bay
Actually I believe the Ice Road is on Hudson Bay up in Canada when the Bay freezes over in the winter time. I watched the documentary and it was very interesting how they construct it and how it is used by BigRig truckers for several months.
But now with Global warming coming on , I don't think RollRoyce will have to worry about the Ice Road anymore. Just stick some big Rolls Royce engines in a small Freighter/Yacht and ship goods in style.
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31-05-2007, 12:28 PM #13
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Rumor. . .
RR, you put your info out in good faith. One should not "shoot" the messenger. This is the last day of the month, a "blue moon" and also a deadline for them to accomplish things. With the meeting today with Bush, he may be personally delivering everything. Who knows. But it has been a fun ride and you were noble enough to not give the info until after the banks closed so that noone would hock the farm to get more. It's all good.
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31-05-2007, 12:29 PM #14
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31-05-2007, 12:39 PM #15
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After seeing so many rumoirs go down the drain, I'm not sure what "good faith" is anymore. It's also worth noting that Iraq does not have any deadlines to meet. It's the West that sets these deadlines hoping to elicit some positive action from the Iraqi officials. Sadly, and most of the time, they don't care two hoots about dates or deadlines or even full moons!
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31-05-2007, 12:41 PM #16
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31-05-2007, 01:54 PM #17
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Thanks
That's all I needed to hear ...Thanks RR
Off to work I go
Back Later too cash In Maybe
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31-05-2007, 02:21 PM #18
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31-05-2007, 03:53 PM #19
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Thanks for the update RR. I greatly respect you for keeping us updated. Hope it pans out - though it seems to me that they are working very hard towards some specific goal. Everything is on high speed.
"If you don't stand for something, you will fall for everything."
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31-05-2007, 04:17 PM #20
Well, you are wrong about the deadlines. They do have deadlines, but, they do fail to meet, or find a loophole just about everytime.
http://www.handsoffiraqioil.org/2007...n-oil-law.html
Council of Ministers, Oil and Energy Committee, Feb 26th, 2007 11:00 AM
The Iraqi government [the council of ministers] submits this law, regulating oil operations, to the Council of Representatives... the following arrangements shall be adopted to finalize the regulating of oil and gas operations in Iraq:
1- This oil and gas law and its four appendices shall be submitted to the Council of Representatives, after agreeing on the types of model contracts and on the general terms and conditions, together with the Financial Revenues Management Law. All parties shall finalize this task before March 15th 2007.
2- Finalizing the laws of the Iraqi National Oil Company [INOC] and the Ministry of Oil in accordance to this laws articles and regulations. In addition, the Oil and Gas law in Kurdistan region must be in harmony with the articles and regulations of the federal oil and gas law, ad in accordance to the constitution.
3- All oil operations and exploration and production rights' granting shall be put on hold for areas included in article 140 that might have administrative changes for its boarders, except the oil operations related to the INOC that may continue its work in the fields discovered and already developed in accordance to the constitution.
4- All parties must abstain from signing new contracts agreements related to exploration and production activates in Iraq until this law is fully enacted.
5- The Federal Government, in coordination with the regions governments, shall finalize the requirements needed to implement this law and activate the entities mentioned in the law in a time period not exceeding the end of May 2007. In case this deadline was not met, the Iraqi Prime Minister shall meet with the president of Kurdistan Region to implement the law within one month and reach a solution based on one of the following options:
a. In case article 5 was not finalized by the deadline of May 31st 2007, the two parties shall have the right to sign Exploration and Production Contracts in accordance to the constitution, this law, and the general principles of contracts' models (the first option).
b. Extend the time period mention above.
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