After a ten year commodity drought metals and energy are back on the front burner and exploration companies are making up for lost time.
The prevailing wisdom in the resource industry is the present bull cycle will last ten years.
I don't believe anyone can predict this industry out ten years. But I cannot see this run-up ending soon. Wages are really climbing in the engineering and design field. Katrina was a major impact to sucking up people and material. Some plants hit hard by that are still not back up.