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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (692)	3/5/2012 6:29:12 PM
From: Paul Senior	Read Replies (4) \| Respond to of 2504

PBR makes me nervous because it seems to me Brazilian officials have too much say in how PBR is managed and how PBR should develop its oil assets and spend its profits. So I hold no PBR shares now. I decided I will take a chance on Eike Batista's EBX group's OGX Petroleo E Gas Participacoes. I am assuming Brazilian politicians will meddle less with this Brazilian oil company. And that OGX has good offshore oil properties, similar to PBR's, that will be developed under Mr. Batista's leadership/control. I'm in for a few shares of OGXPY.pk today, and will buy more if I gain more confidence that my assumptions are correct. finance.yahoo.com