11-20-2014, 03:44 AM
JFT, I have no faith that the IOC lawyers would NOT hold back I formation if they thought they could get away with it. I also have zero faith that the SEC will enforce anything so there is almost zero risk to IOC to hold back some information. They may drop a teaser (ie they found hydrocarbons) and not let us know the quality and quantity to the best of their knowledge at a specific time. The SEC is a weak, hollow, manipulated body kind of like the UN. I suspect they know more or have a better idea and chose not to tell. Is that good or bad, not sure yet, but I suspect this is certainly the case.