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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (93498)	11/14/2007 12:32:53 AM
From: elmatador	Respond to of 206223

Where the money will be and why Gabrielli can't say things look too good. Here’s why. Prices of rigs, and services and everything else that goes into exploration and production will skyrocket immediately. All suppliers will inflate prices as soon as they hear any news. PBR has to keep quiet. Don’t excite too much until they sign long term contracts with the suppliers. Perhaps in 2 or 3 years time, once the long term contracts have been signed, then PBR can be more outspoken on the real deal down there. Next years will be a bounty for the suppliers for the oil majors. PBR? PBR is a mechanism though which our economy will grow faster, more sustainable and less affected by external shocks. And Iran is still not in the market and Iraq is not pcified yet. Just imagine if the embargo ends here... The guys who sold the picks and showels during the Gold Rush were the ones who made the money. Not only them: the bars, the general store, the ladies, the tent makes...