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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Rob Shilling who wrote (6578)2/9/2002 5:27:57 PM
From: kormac  Read Replies (2) of 206181
 
Rob,

I have also been reading everything Simmons writes and have come to conclude that the peak outside OPEC is just a year or two away.

Regarding Russian oil revenues. Do you have any idea how much of this goes to the central government as royalties.
Is this now so low that Russian oil companies can amply fund exploration and new production from their cash flow.
This is quite a constrast to PEMEX or ARAMCO, is it not?

best, Seppo

P.S. I am holding TLM and EEE as the only two Canadian stocks.
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