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To: TheSlowLane who wrote (44595)	12/17/2007 12:09:52 AM
From: dara	Respond to of 60929

Regarding DC's comments on Xstrata, I received this news article tonight: Analyst: Vale, Xstrata merger would be positive synergy - Brazil Published: Friday, December 14, 2007 17:22 (GMT -0400) bnamericas.com A merger between Brazilian group Vale (NYSE: RIO) and Switzerland-based Xstrata (LSE: XTA) would be positive on the synergy side, Pedro Galdi, an investment analyst with ABN Amro Real Corretora, told BNamericas. London newspaper The Times reported recently that Vale hired bankers to evaluate a possible offer for the European group, without citing sources. "It would be a less aggressive and smaller bid compared to [a possible move for] Rio Tinto," the analyst said. Vale was also rumored to be interested in acquiring Anglo Australian miner Rio Tinto (LSE: RIO), which is the subject of a three-for-one share offer by compatriot BHP Billiton (NYSE: BHaP). BHP Billiton's announcement in early November of its interest in taking over Rio Tinto has sparked a deluge of speculation about other potential tie-ups. Xstrata issued a statement on December 12 confirming that "ongoing interaction with other industry participants includes dialogue with a number of parties covering a range of topics of mutual interest, such as industry consolidation." "If confirmed, this acquisition [of Xstrata by Vale] could impact share prices of Vale at first, but considering the synergies that it would generate and the competent management of Vale, it would be a very important vector for creating value in the mid to long term for its shareholders," the analyst said in a research note, adding such transaction would be a "bold" move by the Brazilian group. Vale is the world's largest iron ore producer. By Roberta Pregnaca Business News Americas

To: TheSlowLane who wrote (44595)	1/23/2008 8:53:32 PM
From: dara	Read Replies (1) \| Respond to of 60929

Don Coxe still likes the oil sand companies even though Alberta is changing the royalty structure. David Pescod from Cannacord had the following write up on Suncor today along with a very scary looking graph. SUNCOR ENERGY INC. (T-SU) $85.99 -2.64 It’s not just names like Connacher, Oilexco, Corridor and the like that are getting clobbered on oil and gas markets these days, take a look at Suncor Energy. The big oil producers in Fort McMurray aren’t our type of specialty (much too blue-chip for us), but take a look at what Suncor’s stock has done in the last few weeks as obviously, people are grabbing any kind of liquidity in a market that to us, simply makes no sense. But cash is king and Suncor and blue-chips like it, can offer that. Today they announce record earnings, but also in the report is a sign of the times in that operating costs have gone from $20 to roughly $27 a barrel. Meanwhile, if you are looking for an in-depth report on the company, Raymond James has just come up with that in-depth look and their target on the company is $125. That’s a huge gain, should they achieve that, but we are in a market of “chicken little’s.”