Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : coastal caribbean (cco@) -- Ignore unavailable to you. Want to Upgrade?

To: ferdberfel who wrote (2669)	5/2/2001 10:03:02 PM
From: Edwin S. Fujinaka	Read Replies (1) \| Respond to of 4686

I agree that Jeb may well let the courts decide the issue of the Coastal Petroleum leases. Jeb can argue that it is not a political issue since he had nothing to do with letting the original contract to sell the lease rights. He was not a party to all of the delays that have made this into a multibillion dollar case. It could have been settled for much less money at a much earlier time, as soon as the State had decided that drilling was not going to be politically acceptable. Instead, the State embarked on a war of attrition with the intent of killing this small Company off. It has been and continues to be a blatant misuse of State Power in the worst way. When the State decided to embark on their policy of lying and conspiring to subvert the terms of their legal contract they turned it into a "bad faith" business action that should be punished severely so it won't happen again.