The mainstream pundits will tell you that oil is expensive now because of the unrest in Syria and Egypt, but the truth is that Syria and Egypt don’t produce much oil.
How do big mining companies and small exploration companies hammer out takeover deals with the takeover premiums that shareholders expect? What happens when negotiations go wrong?
With the recent market capitulations, many companies are down to fractions of their valuations from two years ago. These downturns present an excellent opportunity for resource investors.
