MMEX-scam is a failing share-selling scheme - it m
Post# of 4466
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Posted On: 02/14/2019 4:08:52 PM
Re: DieselBuzz #4417
MMEX-scam is a failing share-selling scheme - it must be difficult to be in the role of cheerleader for a failing scam.
Pipelines cost money. A good average in the Permian is about $500K per mile, even for a small diameter transmission system. Best case, someone would have to invest about $16-million just in a pipeline to reach the nearest crude terminal.
Mid-stream companies that own and operate pipelines aren’t stupid - they’d never invest millions in a pipeline to supply an imaginary refinery, or a crude unit that would be guaranteed to fail financially in less than a year.
MMEX-scam isn’t a legit business - if by some Level Nine or beyond miracle it ever built anything, when it cratered the pipeline company would be left with a dead asset.
Any legit business and management team can look at MMEX-scam, and they know immediately its a fraud. No legit business invests in fraud.
Ludicrous claims like:
fail to advance any case for MMEX-scam. Same B.S., different day.
Pipelines cost money. A good average in the Permian is about $500K per mile, even for a small diameter transmission system. Best case, someone would have to invest about $16-million just in a pipeline to reach the nearest crude terminal.
Mid-stream companies that own and operate pipelines aren’t stupid - they’d never invest millions in a pipeline to supply an imaginary refinery, or a crude unit that would be guaranteed to fail financially in less than a year.
MMEX-scam isn’t a legit business - if by some Level Nine or beyond miracle it ever built anything, when it cratered the pipeline company would be left with a dead asset.
Any legit business and management team can look at MMEX-scam, and they know immediately its a fraud. No legit business invests in fraud.
Ludicrous claims like:
Quote:
"Mr. Hanks has many many options. part of why this refinery will be a success & why so many entities are involved in this large project.
Including the mayor of Fort Stockton who is anxious to see this progress.
400 people will be employed to construct this facility.
Pecos County Judge, Joe Shuster also supports it.”
fail to advance any case for MMEX-scam. Same B.S., different day.
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