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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (167041)	4/11/2012 1:13:41 PM
From: Dennis Roth	1 Recommendation Read Replies (2) \| Respond to of 206100

Argentina's President Will Announce YPF Takeover Thursday by Dow Jones Newswires Ken Parks Wednesday, April 11, 2012 rigzone.com BUENOS AIRES - Argentina's federal government will take management control of oil and gas producer, YPF SA, and give provincial governments seats on the company's board of directors, newspaper Pagina 12 said... ...The new YPF will have 25 directors and seek private sector investment, financial newspaper El Cronista reported, without citing sources... ...Deutsche Bank on Tuesday cut its rating on shares of YPF to hold from buy due to the deteriorating political environment in the South American country. "Since the start of the conflict between YPF and the government, we were hopeful for a better resolution, but the removal of concessions and the possibility of the government becoming a shareholder of the company indicate that the upside is limited from current levels, at least in the short term," Deutsche Bank analysts said in a report...

To: Dennis Roth who wrote (167041)	4/11/2012 1:45:59 PM
From: elmatador	2 Recommendations Respond to of 206100

Is already Muerta. Can't be killed more than that! :-)

To: Dennis Roth who wrote (167041)	4/11/2012 1:51:00 PM
From: elmatador	Respond to of 206100

debates are raging within the government over a number of restructuring options, from nationalizing the company outright to teaming up with a private-sector partner to launch a hostile takeover bid. Many of the possible paths forward are fraught with legal and economic risks for Mrs. Kirchner. Indeed, while the campaign against YPF is providing Mrs. Kirchner a political boost with her base on the left, it is raising long-term doubts about Argentina's investment climate and energy policy. "These companies are worth what they have under the ground, the number of barrels they have," says Daniel Montamat, a consultant who is a former Argentine energy secretary. In the event of nationalization, he also questions how the government would attract the capital and expertise to develop shale reserves. Behind the Battle for Argentina's Oil online.wsj.com