Popular Post Adam Montana Posted March 29, 2019 Popular Post Report Share Posted March 29, 2019 Good afternoon all! We're currently in the midst of some significant happenings right now. It's almost coming too fast to keep on top of things, so let's just recap the current situation. Hopefully you caught my last update on Saturday (posted here), but I'll summarize that real quick as well - EVERYTHING oil related is cruising along at a good clip and in the right direction. As of that last post, we had *almost* hit the $60 mark. As I write this today, we have touched $60 a couple times this week. That by itself is validation for what I was predicting over the last couple months, but the real important part is the manner it is happening. Nice and steady, just how we want it.... for now. Next on the agenda is most likely a continued rise towards $70, but that's not a "new goalpost" by any means. Rather, I'm expecting to see some solid HCL news, and a potential focus on the HCL, with the RV bubbling just below the surface of the news. I think the most important thing to understand at this time is that they will not give us a major heads up on this plan. Our only clues are going to be: Stability in the GOI, which we have. Solid news on HCL, or an actual passed HCL bill, which is reasonable to expect under the current situation. Very related to HCL is this: In a nutshell, the Kurdish oil production is higher than the anticipated amount, and the Kurds are probably 100% entitled to withhold the additional production since their portion of the budget was negotiated with 250,000 bpd in mind. Remember what I said in my last update, about Iraq's ability to ramp up production quickly? Yep! That's still on the table! What does this mean to us? In my opinion, this has great potential. The Kurds have a solid argument, and the Baghdad side now has a LOT of motivation to get busy negotiating a profit sharing agreement. That’s exactly what the HCL is. The Kurds will also be motivated to get this moving, as they probably stand to catch a larger portion of the budget in addition to a better HCL deal. A couple years ago when they were talking about a secession, with the Kurds forming their own country - remember that? I had heard at the time from my experts that there was no real chance of that happening, but they were setting the stage for a stronger position in the big picture. That is EXACTLY what this ties into, and the HCL is what puts a pretty little bow on this whole deal. Pretty exciting stuff! I'll get this posted and open to comments before the day gets any later. I want to wish everyone a fantastic weekend, and of course GOOO RRRRVVVVV!!!! - Adam 9 16 16 Quote Link to comment Share on other sites More sharing options...
ddl Posted March 29, 2019 Report Share Posted March 29, 2019 Thanks Adam! Very positive indeed! 3 Quote Link to comment Share on other sites More sharing options...
olivesman Posted March 29, 2019 Report Share Posted March 29, 2019 THANKS ADAM. SORRY, I GUESS I'M YELLING. I CAN'T HELP IT. I'M EXCITED. 1 3 2 Quote Link to comment Share on other sites More sharing options...
Engine1 Posted March 29, 2019 Report Share Posted March 29, 2019 Thank you Adam Adam, question for you. Since Iraq can't give US Dollars to Iran what currency did they use to start paying Iran? And if it was dinar do you really think this will revalue because Iran will come out smelling like a rose if it were to revalue ? 1 1 Quote Link to comment Share on other sites More sharing options...
wc41 Posted March 29, 2019 Report Share Posted March 29, 2019 This momentum is good 😄👍 Going passed the tipping point is better!! Yes?!?! 😄 Thankyou Adam, your team and those here keeping the news up to the minute!!! 👏👏👏 3 Quote Link to comment Share on other sites More sharing options...
nannab Posted March 29, 2019 Report Share Posted March 29, 2019 Thank you Adam positive and no nonsense. Come on HCL Article 140 and For us!!!! Have a great weekend all 6 Quote Link to comment Share on other sites More sharing options...
lmb4321 Posted March 29, 2019 Report Share Posted March 29, 2019 GO HCL......Thanks again Adam....... 4 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted March 29, 2019 Report Share Posted March 29, 2019 Thank you Adam .. I am nervously anticipating something we have no control over ... Have a great weekend and thanks again. 5 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted March 29, 2019 Report Share Posted March 29, 2019 Thanks Adam, very up lifting for a rough week. 5 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted March 29, 2019 Report Share Posted March 29, 2019 Thank You AND Lookin' Forward To The "Fabled" "RV" "Text" Soon ( ) , Adam, AND The Very Best Of Your Weekend To You!!! I am REALLY Lookin' FORWARD to April 1 - NO FOOLIN"!!! Go Moola Nova! 3 7 Quote Link to comment Share on other sites More sharing options...
BKD Posted March 29, 2019 Report Share Posted March 29, 2019 Thanks Adam, better news keeps coming up. We are all anxiously waiting for the phone call. GO RV!!!!!!!!!!!!!!!!!!!!!!!! 4 Quote Link to comment Share on other sites More sharing options...
ametad Posted March 29, 2019 Report Share Posted March 29, 2019 Sure would be nice to see Iraq regain their wealth, independently distributed to their citizens. The people of venezuela could use some help. And with a positive report and long term positive improvements getting back to the people of Iraq it may help build trust of the intentions of the USA. Now, the greed of human nature and the ungrounded fiat currency experiment that's another problem in and of itself. A problem without borders. 1 1 Quote Link to comment Share on other sites More sharing options...
hete316 Posted March 29, 2019 Report Share Posted March 29, 2019 Thank you Adam! Great news to start weekend !! Let's go HCL 🙏 Feelin' really good about this ! 3 Quote Link to comment Share on other sites More sharing options...
wealthhound Posted March 29, 2019 Report Share Posted March 29, 2019 Whoop, whoop, INEVITABLE is SOON.....😆. Thanks Adam! 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted March 29, 2019 Report Share Posted March 29, 2019 GO RVVV!! 2 Quote Link to comment Share on other sites More sharing options...
RedRock44 Posted March 29, 2019 Report Share Posted March 29, 2019 Howdy Adam, the news just seems to be getting better and better all the time. Thanks for the update! 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted March 29, 2019 Report Share Posted March 29, 2019 1 hour ago, Adam Montana said: It's almost coming too fast to keep on top of things, 1 13 Quote Link to comment Share on other sites More sharing options...
watchmedude Posted March 29, 2019 Report Share Posted March 29, 2019 MY FINGERS ARE CROSSED MY TOES MYLEGS MY ARMS AND MY EYES.I WOULD CROSS MY EYEBROUGHES BUT I JUST HAVE ONE .THANKS ADAM 6 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted March 29, 2019 Report Share Posted March 29, 2019 7 minutes ago, watchmedude said: MY FINGERS ARE CROSSED MY TOES MYLEGS MY ARMS AND MY EYES.I WOULD CROSS MY EYEBROUGHES BUT I JUST HAVE ONE .THANKS ADAM Bwahahahahaha, not sure why I found that funny !! pp 1 11 Quote Link to comment Share on other sites More sharing options...
A.M. Posted March 30, 2019 Report Share Posted March 30, 2019 Thanks A.M. Quote Link to comment Share on other sites More sharing options...
Cruzin Posted March 30, 2019 Report Share Posted March 30, 2019 Thanks again Adam for the update. sounds like we're on a roll now!!! I can hardly wait but, I will and patiently listening for the alert on my phone for the text... You and your team are awesome! Best of the weekend to y'all. 1 Quote Link to comment Share on other sites More sharing options...
CSM (R) Thack Posted March 30, 2019 Report Share Posted March 30, 2019 1 hour ago, DinarThug said: That’s just tooooooo funny!!!!🤣😂👍🇺🇸 1 1 Quote Link to comment Share on other sites More sharing options...
CSM (R) Thack Posted March 30, 2019 Report Share Posted March 30, 2019 1 hour ago, pokerplayer said: Bwahahahahaha, not sure why I found that funny !! pp Eyes tearing up...(lol)!!!!🤣😂👍🇺🇸 1 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted March 30, 2019 Report Share Posted March 30, 2019 1 hour ago, pokerplayer said: Bwahahahahaha, not sure why I found that funny !! pp First thing that came to mind was my wife being in total lock down. 5 Quote Link to comment Share on other sites More sharing options...
RobLe Posted March 30, 2019 Report Share Posted March 30, 2019 Adam, I think you might be not understanding the price of oil. There are many different types of oil around the world. Some oils are much cleaner and lighter to use and take less work to turn into fuel. The $60 mark for the price of a barrel of oil that you are quoting is WTI Crude. This stands for West Texas. You will see when you look up the prices of oil that they usually speak of WTI and Brent Crude. Brent Crude is worth currently $68.39 per barrel of oil. Iraq's oil isn't quite as valuable as Brent (which stands for oil extracted from the North Sea) but it's value is somewhere in between WTI and Brent. In other words, Iraq's oil has been higher than $60 for quit some time. Just thought I would pass that info along. 7 7 Quote Link to comment Share on other sites More sharing options...
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