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Thu 13 Apr, 2006 12:31 pm
This man is shrewd and will one day reap the benefits.
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Buying the port of Churchill for $7.
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The Arctic is a giant treasure trove for energy multinationals. A quarter of the world's oil and gas reserves are estimated to be hidden underneath its rapidly shrinking ice. At current market values they would be worth $1.5 to $2 trillion. There are even proven oil deposits at the North Pole itself.
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http://service.spiegel.de/cache/international/0,1518,405320,00.html
Re: Buying the port of Churchill for $7.
Now why didnt I think of that. Are there any more harbors up there for sale?
Perhaps we can pool our resources and buy one together; call it A2K ("A2K, on the Hudson Bay") and funnel the profits back into the website.
Craven?