"Like I said correlation does not imply causation. If you don't know what that means, which I am sure most of team nEGOtron do not, "
AND THEN
"The share price is being impacted by the commodities prices, it is not the consolidation. I shouldn't have to explain to people that if the product you sell (or the product you are searching for in the case of oil and gas companies) reduces in price then that will in turn negatively impact on your;
a) Current earnings.
b) Future earnings.
c) Value of new discoveries.
d) Value of unexplored areas."
YOUR ENTIRE POINT IS BASED ON CORRELATION..
There is book learning and then there is street wise common sense; I know what I will go for every time.
Your evidence is just proof that they are pumping out the "educated" with far too little effort these days
Viney
EGO Price at posting:
40.0¢ Sentiment: None Disclosure: Held
