Forum Archive Index - March 2000

["Oliver Shapleski" <oliver.shapleski@vuw.ac.nz>]

Alistair, the problem they seem to have is that their initial reaction was simply too positive.  The media was spouting huge amounts of oil within hours and all of a sudden we're hearing stories about how this alone can cure the ills of the NZ economy.  Bsides, buying into mining exploration firms is too akin to gambling for most people.  Odds in roulette are generally better, even with all the technology they have these days, and the world market for oil is far too volatile.