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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: BigBull who wrote (55466)11/26/1999 1:03:00 PM
From: The Ox  Read Replies (2) of 95453
 
Bull,
What often concerns me about the 'patch' is the probability that these companies will never get out of their boom/bust cycle. No one was drilling last year and everyone will be drilling next year. Then the market will be saturated once again and no one will drill.......

I'm wondering if this 'cyclical' pattern can be smoothed out in the future?
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