Strictly: Drilling and oil-field services Message Board

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

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To: ItsAllCyclical who wrote (93646)	8/13/2001 5:07:25 PM
From: t4texas	Read Replies (1) of 95453

jiml you are correct i remember rdc's palmer being very negative on tv back in early 1999. your comment, ("As for you last point you may not even be correct there. At the start of the energy cycle the E&P execs and major oil execs were for the most part very negative and they knew the business. Same in the gold industry. Hard to find to many CEO's saying gold is going to $350+ anytime soon.") is correct. e&p ceo's could not call the turn then any better than chip ceo's can call the turn now. i bet many gold mining ceo's have gotten tired of being wrong calling any turn in the price of gold.

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