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 Strategies & Market Trends : Ride the Tiger with CD

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To: ralfph who wrote (216029)5/15/2012 12:42:34 PM
From: Nevada9999 of 228200
 
Eklund Drilling did similar in Nevada. Undercut the competition for every job and ran at a small loss to keep all their people working. Put most of the competition out of business. Worked out well for them then Longyear bought them out and ruined it. I guess they had enough.

I'll take your earlier point about things being different with respect to the explorer sector of the juniors. I think the money has dried up for blue sky pipe dream specs and many will be toast.
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