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


To: Sharp_End_Of_Drill who wrote (95825)1/17/2008 12:55:36 PM
From: Frank  Respond to of 206214
 
Hey Sharp. If I am around in 10 years drinks are on me. But it won't take that long. I think we will have a lot of the story in 18-24 months. 5,6,7, % depletion all take an increasingly horrible bite as growing demand works the other side of the street. I agree there is oil out there. I just say prices will increase as we move to more difficult and far more expensive modes of turning it into finished product--the whole way down the supply chain-- it won't take 10 years to prove that---Frank



To: Sharp_End_Of_Drill who wrote (95825)1/21/2008 12:53:07 AM
From: elmatador  Respond to of 206214
 
Not to mention that over-investiment will create new sources and supply will increase.