Vale's Carajás Mineral Province Key To Company's Big Bet On Iron Ore [View article]
The Carajas deposit was known to be a magnetic anomaly region for anyone flying over the area. Geologists from the then US Steel investigated the deposit and determined it a world class deposit; but USS could not acquire a leasehold from the Brazilian government as resource nationalism was practiced even then.
Freeport-McMoran Sees Oil & Gas More Valuable Than Copper & Gold [View article]
With the US now a potential net exporter of natural gas at world prices, significant revenue from the energy sector could in their future, rather than depending strictly on copper, which might be at risk and unreliable.
Freeport-McMoRan: Sell-Off Is Justified; Acquisitions Have Little Strategic Rationale [View article]
Clearly the risk to future revenue from copper is the concern. Acquiring significant reserves in natural gas will provide future growth opportunities when the US becomes a net exporter at overseas prices.
Freeport-McMoRan: Is It Ready To Break Out? [View article]
After a year of widening the open pit at Grasberg and mining low grade copper ore, they should be in good position to begin mining the higher qrade ores for a while, impacting their cash flow. Long-term the company is preparing itself to meet future demands, which right now the industry cannot keep.
Who Should an Investor Believe: The Natural Gas Industry or The New York Times? [View article]
The media can always find ways of reporting a biased story based on selected sources, in this case-emails. In this case the NYT is taking a page from FOX. I've never known reporters from major news sources to be experts when reporting about energy or the understanding of how things work. Shale gas is difficult to extract the reason for many wells using latest fracking and horizontal drilling to expose more potential reservoir to the drill. One well does not make a play in this geologic setting. a
A Look at How Far Silver Might Correct [View article]
SLW is not a mining company, but a streaming company. Purchasing product at a negotiated price from various mining companies is a well conceived management plan.
Vale's Carajás Mineral Province Key To Company's Big Bet On Iron Ore [View article]
Freeport-McMoran Sees Oil & Gas More Valuable Than Copper & Gold [View article]
Freeport-McMoRan: Sell-Off Is Justified; Acquisitions Have Little Strategic Rationale [View article]
Freeport-McMoRan: Is It Ready To Break Out? [View article]
5 Mining Companies Freeport McMoRan Could Target In 2012 [View article]
Who Should an Investor Believe: The Natural Gas Industry or The New York Times? [View article]
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A Look at How Far Silver Might Correct [View article]