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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: t4texas who wrote (101637)	5/27/2008 3:39:37 AM
From: elmatador	Read Replies (1) of 206110

PBR is the new model for oil companies. State has a share due to strategic reason, but run by professional managers. Pemex needs PBR as a model: "Mexico will come to its senses and adopt the kind of overhaul that will give the country's state-run oil company, Petroleos Mexicanos -- Pemex -- enough flexibility to invest more of its profits in modernizing its operations. That way, the experts say, it could become more like Brazil's state-run Petrobras, regarded as one of Latin America's most well-run companies." washingtonpost.com Note please the cries for nationalizing oil in the US. perhaps the US will adopt the same PBR model in the future. As for not understanding what I wrote: Brazil is not for beginners as we say there. You need to study.

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