Seems in times like these everyone has to sit back and re-assess.

Majors will really look close at the business plan and then rally the troops for what they identify as the proper plan.

Belt-tightening, prioritizing precious capital etc. One really has to pinch the pennies and when spending make sure it's not money that is frittered away. That's is what will make good leadership in the end.

I would think that if the assets are not costing you any money you sit on them or spin them off and focus on the matters on hand.

I know that many would say go with what you know and what is producing returns and has a degree of certainty.

As an aside, I can't for the life of me believe that the 3 major domestic auto producers when they say they underestimated the buying public's switch to smaller more economical cars? They claim they were taken back by the speed at which the move has been made? Talk about being caught asleep at the wheel if so.

Re-formulate the plan to one that works. Identify your market and go accordingly. Give yourself some room for adjustments.

Timing.

Seizing the moment? Who knows?

Wouldn't it be nice to have copper as well with our nickel??