Reply to "BADAL ‘BAGS’ BILLIONS- and the poor gets poorer."

kpHonorary Member

It was stated that Guyana has OIL since 50 years ago, during Burnham time, many oil companies had shown interest but then the government wanted majority share, thus the investors walked.

It is logical to assume that Guyana would have oil, basic Geography will teach you so. Brasil, Venezuela, Suriname and Trinidad all have oil, Guyana is below sea level and sits in the Middle. They have to negotiate a reasonable priced drilling company to do a series of drills, If I was the government, use the funds from Exxon to pay for the drill, so doing you will keep a bigger share for the People of Guyana. But, NAH, they all want Quick MONEY in their over seas bank accounts, PNC, PPP, AFC, etl.

11/28/199:00 PM

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