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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: jils who wrote (102336)6/8/2008 11:12:20 PM
From: JimisJim  Respond to of 206118
 
jils: wonder if the fact that PM miners sector is so tiny compared to energy in general... well, will that mean a superbull in PMs would be more "leveraged" than a similar market in energy?

I really don't know, nor lean one way or the other -- shoot, I am not qualified to even make WAG on such things... just trying to figure things out.

Thanks,
Jim



To: jils who wrote (102336)6/10/2008 9:14:36 AM
From: elmatador  Respond to of 206118
 
OT Big Fan of metals?

Vale has studied and made informal inquiries about Anglo American Plc, aluminum producer Alcoa Inc. and copper producer Freeport-McMoran Copper & Gold Inc., the newspaper reported, citing people connected to Vale.

Brazil's Vale Prepares Bid for Top Mining Company, Estado Says

By Diana Kinch

June 10 (Bloomberg) -- Cia. Vale do Rio Doce is preparing to make a bid for one of the world's biggest mining companies, O Estado de S. Paulo reported.

Vale has studied and made informal inquiries about Anglo American Plc, aluminum producer Alcoa Inc. and copper producer Freeport-McMoran Copper & Gold Inc., the newspaper reported, citing people connected to Vale.

Vale considered convening an extraordinary board meeting last week to vote on a share sale of more than $30 billion to help fund an acquisition, Estado said.

Vale spokesman Fernando Thompson declined to comment when contacted by Bloomberg News at the company's headquarters in Rio de Janeiro.

To contact the reporter on this story: Diana Kinch in Rio de Janeiro dkinch1@bloomberg.net