Canadian Oil & Gas Companies Message Board

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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: kidl who wrote (21213)	3/8/2013 11:06:12 AM
From: VisionsOfSugarplums	Read Replies (1) of 24928

Yep, don't have to come from the business to be in the business for sure. Look at Goldman Sachs, for example. They own a bunch too. If you hire the right people, you can get it done. And I'll say that I don't like it only from the standpoint that it would be ridiculous to find that facility acceptable over others simply because the person isn't from the oil and gas industry. Although I can't believe public opinion would be that shallow (hopefully anyways). I think he's got a bigger challenge as well versus the newspaper business which is a little simpler business - if you don't know the business, how do you get the right people, connections, etc. Obviously with assistance, but ultimately it's tougher. I would think he's going to have to joint venture with someone ultimately, if it moves forward.

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