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BP Video showing Relief Well Effort
- Thread starter Cdntrader
- Start date
BP was a good buy. The difference between <a href="http://www.socialnews.biz/tag/BP">BP</a> and the banks in 2009 is that BP actually has real assets it can sell or offer as security as loan.
Quote from Cdntrader:
http://bp.concerts.com/gom/kwellsreliefwells062710.htm
BP video of relief well effort posted on June 28th.
Seems like they are very close to killing it off. He says at the end of the video that they are in the precision stage of lining up the relief well with the existing well only 55 feet away as of the date of the video which was probably a few days ago.
Interesting viewing.
They close that sucker and this stock probably has a good multi dollar spike into the 30's. Rumor in the Guardian today was mid July. I am sure they are under promising with August estimate to be sure.
BP Plans to Keep Gulf Well Sealed Until Killing It
Quote from Cdntrader:
From BP:
Capping stack installed on MC252 - 12 July: The three ram capping stack was installed on the Deep Water Horizon LMRP at 7 p.m. CDT. The stack completes the installation of the new sealing cap.
UPDATE:
The well is leaking again
US Government has told BP to take it off.
TIMBERRRRRRRRRRRRRRRRRR
I was hoping that they would get this plugged. But now I'm reading that <a href="http://www.socialnews.biz/tag/BP">BP</a>'s latest fix may have sprung a leak. Hopefully they'll get it right. Stock is down.