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

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DewDiligence_on_SI
To: DewDiligence_on_SI who wrote (183613)4/23/2014 6:27:10 PM
From: Biomaven1 Recommendation   of 206330
 
>>for some companies such as Shell

I can't help but compare this to biotech vs. pharma. My guess is the majors took a gold-plated approach to shale - if you add a few levels of management and a couple of dozen committees that keep changing their minds, I'm sure most shale plays become uneconomic.

Peter
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