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To: 31Floors who wrote (313416)1/14/2026 3:00:10 PM
From: Pianoman19972 Recommendations

Recommended By
31Floors
ralfph

  Respond to of 314090
 
VLE is behaving well today. I am sure that the 300M USD in cash will not sit in GICs. A company that grew by buying Thai assets is not conservative that way. I would welcome an acquisition. And it is easier to do when Oil prices are low!



To: 31Floors who wrote (313416)1/14/2026 8:25:24 PM
From: ralfph  Read Replies (2) | Respond to of 314090
 
Venezuela oil reserves - any one know where the 300 billion barrel number comes from? I picked up on a theory that the number came out of Hugo Chavez head and much like donnie old Hugo was prone to exaggerate, The true number may be a third of that.
The 300 billion number is repeated again and again but where is the meat?