Senex Energy bankers up for Origin Energy's Ironbark, page-24

Thanks for the reply, yes I know the shale industry is in about 280 billion of debt, funded by nearly interest free loans and I and most people have always known that. But the point I'm trying to make is you were saying it's all about to collapse several years ago now in every post you made  because you were following one persons opinion,instead of listening to other people who were saying America will do anything to be oil self sufficient including giving the shale industry loans even though they knew they could not pay them back, US just keeps printing money. One day it may collapse or part of but it didn't happen when you said it would.

I'm also of the opinion that sxy have a bright future but it's taking forever so hence the share price is reflecting that.                                               As for the capitulation being across the board ,sxy went down more than any of it's peers,bpt came back 15pct ,Coe barely went down at all and Sto went down less than half of sxy.