oil and gas mergers perhaps, page-10

Berocca, Generally in a bear market of the past, which could last years and years, it probably would be wise to sell spec oilers for a better day ... but with oil at $100/BBL and a new world order in place (china and India screaming for energy) you might miss out.

Even though we're in a bear market, EGO's Moriary oil shows got the day traders excited .. they're still there.

I think one of the problem with spec oilers, is that we have a new generation of "Life style" directors coming through (this stock excluded) .. more interested in their job than gaining $$$ for shareholders .. i suppose $100 oil was going to attract them like fly's to a carcass.

But again Costs have skyrocketed and that's just for basic stuff .. new technolgy more so ..so you need to be on the ball!!

Join the 2 together and you can see the problem ..

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