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

To: elmatador who wrote (101640)	5/27/2008 6:36:58 AM
From: Aggie	Read Replies (2) \| Respond to of 206108

elmatador, Not sure I understand what's your point? Factually speaking BG Group was privatized in 1986 and has been a publicly traded corporation ever since. Ditto BHP, Talisman, Shell - all publicly traded and non-affiliated with any state-run bureaucratic arm. It's through the privatization process that a state run corporation can transform into a competetive entity and undergo growth. State run bureaucratic arms are the antithesis of growth and efficient competition. I've worked within them all over the world - the far east, the FSU, and S America, and I can tell you - there is no comparison when viewed from within. Being a function of the state instills an insular mentality that is lethal to creativity and effective decision making. Just my two cents of course. Regards to all, Aggie