Thread: Iraq/Dinar News. 09/05 to 01/14/07

In other news, soldiers from 2nd Brigade, 6th Iraqi Army Division, conducted a cordon-and-search operation early yesterday to capture terrorist leaders in the Adhamiyah district of eastern Baghdad. In what officials described as an "intelligence-based, precision mission" dubbed Operation Roaring Tiger, the soldiers netted 19 suspected terrorists. Officials said the mission will disrupt the enemy's ability to conduct future attacks in the Adhamiyah area.
One detainee, while being processed, reported having difficulty breathing. He was taken to al Yarmook Hospital, where he was pronounced dead of a heart attack. No Iraqi or coalition soldiers were injured. "This was a complex operation that netted 19 suspected terrorist leaders from 14 different locations," said Army Maj. Gen. J.D. Thurman, Multinational Division Baghdad commander. "It was planned and executed by 2/6 Iraqi Army. It is not only indicative of their capability, but shows the Iraqi people their soldiers are not only taking the fight to the enemy, they are winning."

Originally Posted by Raditz

Western Oil Sands Inc. (WTO.TO: Quote), whose sole business is a stake in a Canadian oil sands project, said on Tuesday it will explore for oil in Iraq's Kurdistan region.

The Calgary-based firm said its WesternZagros Ltd. unit has signed a exploration and production sharing agreement (EPSA) with the Kurdistan Regional Government, Sulamaniyah Administration.

"We believe this EPSA is an early-entry opportunity into a highly prospective area and, subject to exploration success, could provide Western with an additional world-class asset," Jim Houck, chief executive of Western Oil Sands, said in a statement.

Western, which owns a 20 percent stake in the Athabasca oil sands project operated by Shell Canada Ltd. (SHC.TO: Quote), said it has agreed to spend at least $45 million over four years exploring in what it called the Zagros Fold Belt of Kurdistan in Northern Iraq. an area the company said was under-explored.

Western said the agreement must be passed into law, which it expects to occur "in the coming months."


http://www.iraqdirectory.com/DisplayNews.aspx?id=1421

Hi All
I've never done this before so I hope it works (hehe). I too, have been coming to this forum for a few months now and have never contributed. But back in the first couple of days in April my son-in-law, Oscar, was talking to his nephew Joey, who attends Duquesne University (SP?? Usually refered to as "Duke". This is why I haven't posted before- I don't know how to spell it ) in Pittsburgh, PA. Joey bought dinar in March, AFTER talking to one of his professors who teaches at the University AND works for Merral-Lynch, developing investment portfolios. In March, when Joey first approached him regarding dinars, the professor told him to buy all he could get his hands on. Then in April, he told Joey about some Canadian Oil company that Joey should buy stock in, as it was going to be greatly affected in a positive way due to some dealings with Iraq's oil industry. We never really caught the name of this Co. but betcha its got to be the same Co. posted by Raditz on page 112! Another good reason to form the investment club forum. Thanks to everyone that contributes- from all of us that don't (I'm sure there are way more "feeders" than just me).
Blessings On YOU! AL (Here goes- hope this works )

Originally Posted by orrkallen

Hi All
I've never done this before so I hope it works (hehe). I too, have been coming to this forum for a few months now and have never contributed. But back in the first couple of days in April my son-in-law, Oscar, was talking to his nephew Joey, who attends Duquesne University (SP?? Usually refered to as "Duke". This is why I haven't posted before- I don't know how to spell it ) in Pittsburgh, PA. Joey bought dinar in March, AFTER talking to one of his professors who teaches at the University AND works for Merral-Lynch, developing investment portfolios. In March, when Joey first approached him regarding dinars, the professor told him to buy all he could get his hands on. Then in April, he told Joey about some Canadian Oil company that Joey should buy stock in, as it was going to be greatly affected in a positive way due to some dealings with Iraq's oil industry. We never really caught the name of this Co. but betcha its got to be the same Co. posted by Raditz on page 112! Another good reason to form the investment club forum. Thanks to everyone that contributes- from all of us that don't (I'm sure there are way more "feeders" than just me).
Blessings On YOU! AL (Here goes- hope this works )

By what you just posted was worth the wait to hear from you. Thanks for this. Wish you could find-out for sure. But this is good.

Western Oil Sands defends decision to explore for energy in northern Iraq
5/31/2006

JAMES STEVENSON May 31, 2006 - 17:43

You can get more updated wires and press releases in my signature (Lates On the Dinar Here) as some develope here. These date back all the way to 1/5/05. Read them and then check back for more updates.

Six signs of Iraq's progress
June 04. 2006


Amir Taheri, a former editor of Iran's largest newspaper and now a writer for the New York Post, supports the view that Iraq has made extraordinary progress.

1) Refugees are returning to Iraq. During Saddam Hussein's reign, people fled the country. Since he has been toppled, more than 1.2 million Iraqis have returned.

2) From 1991 to 2003, there were no pilgrimages to the religious shrines in Karbala and Najaf. In 2005, these sites received an estimated 12 million pilgrims.

3) The Iraqi dinar was in free fall during Saddam's final years. Today, its value is rising against the Kuwaiti dinar and the Iranian rial.

4) Near the end of Saddam's reign, businesses shut down. Since liberation, the private sector is booming. According to the IMF and the World Bank, the Iraqi economy is outperforming all others in the region, and small and medium businesses are opening in bunches.

5) For the first time in 50 years, Iraq is exporting foodstuffs to its neighbors. Even the oil industry, a constant target of terrorists, is progressing. Iraq is now a member of OPEC and has returned to the world markets as a major exporter.

6) People are speaking out now that Saddam is gone. Iraq has talk radio, talk television and Internet blogs. People are debating in shops, tea houses, mosques, offices and in their homes.

Iraq has made great social and economic progress.....

http://www.heraldtribune.com/apps/pb...40620/-1/RSS01

Ow, i saw this was already posted in a longer version in another dinar thread by azmia, found a shorter version.

Kuwait is set to sign a long-awaited natural gas contract valued around $823 million with Iraq but is awaiting that government's move to finalize the deal, Kuwait's official news agency reported Sunday
http://www.noozz.com/Iraq/Index.aspx?Id=0&SectionId=0

Originally Posted by orrkallen

Hi All
I've never done this before so I hope it works (hehe). I too, have been coming to this forum for a few months now and have never contributed. But back in the first couple of days in April my son-in-law, Oscar, was talking to his nephew Joey, who attends Duquesne University (SP?? Usually refered to as "Duke". This is why I haven't posted before- I don't know how to spell it ) in Pittsburgh, PA. Joey bought dinar in March, AFTER talking to one of his professors who teaches at the University AND works for Merral-Lynch, developing investment portfolios. In March, when Joey first approached him regarding dinars, the professor told him to buy all he could get his hands on. Then in April, he told Joey about some Canadian Oil company that Joey should buy stock in, as it was going to be greatly affected in a positive way due to some dealings with Iraq's oil industry. We never really caught the name of this Co. but betcha its got to be the same Co. posted by Raditz on page 112! Another good reason to form the investment club forum. Thanks to everyone that contributes- from all of us that don't (I'm sure there are way more "feeders" than just me).
Blessings On YOU! AL (Here goes- hope this works )

Welcome,

Always nice to hear more and more are readers, and now posters. We all appreciate that confirmation which fortunately is what we are all about here, good news. I invested in WTO over a year ago and the stock is a sound investment even if it were not about to invest in Iraq. Oil sands is the future for NA markets now that new extraction processing is being developed, never mind the price of oil quickly rising due to Iran threats and Nigerian rebel attacks on oil facilities. And here I thought all professors were lost in space. LOL

Good luck to all, Mike

very good posts guys.....love to come in here and get all this valuable information.....now if they just could get the last 2 ministers in place......we could all wait happily for the peg....lol.....GO DINARS....Pat

I hate to sound ignorant but what is lol?

Originally Posted by zugdor

I hate to sound ignorant but what is lol?

I wondered about that myself for probably a month until I saw it so many times in context that I figured it was an abrieviation for "Laughing Out Loud",and had it confirmed by one of my daughters! Also, every once in a while you will see: IMHO.... or, IMO. This would be "In My Humble Opinion".
Blessings On YOU! AL