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Why Investors Should Be Interested in Shale Oil
Energy investment swings on the end of a clockwork pendulum. Oil prices high? All the alternative energy sources get funded. Oil prices low? It can wait.
With the continuing unrest in foreign oil producing countries and crude oil prices hanging around the $70/barrel mark, we’re on the investment part of the swing, and it looks like [...]
Inco under foreign ownership
One of Canada’s largest mining houses, Inco ltd, is now under foreign control with Companhia Vale do Rio Doce (CVRD) at the helm.
The purchase worth approximately (Cdn) $19 billion secured CVRD-Inco as the fifth largest nickel, copper, iron ore producer in the world.
“The price was extremely cheap considering the grade assets and the great people,” [...]
