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Gold/Mining/Energy : Copper Fox

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biggerbob68
To: louel who wrote (9598)7/14/2015 6:48:48 AM
From: Metacomet1 Recommendation   of 10654
 
The world is simply phasing out of the fossil fuel business

..as demand drops, only the lowest cost producers will remain economically vaible

Oil sands extraction is one of the most expensive modes of production, has nothing to do with local politics

..they can't compete with Saudi production at <$10 barrel

Message 30089007
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