Category Archives: Vale
A case for buying Vale
The sky is falling! The sky is falling! Buy, buy, buy. I am looking at the doom and gloom in the marketplace and I think about how in some cases people overreact to bad news. I am going to stay … Continue reading
Filed under By Benjamin, Iron Ore, Steel, Vale
CVRD in Oman
Khaleej Times Online: Oman signs MoU with Brazil’s Vale for $1 billion iron ore pellet plant This makes complete sense. CVRD (Vale) has more and more really fine ore that it has to pelletize. By building this pellet plant, it … Continue reading
Filed under Vale
Fair deal by Vale
Vale is further consolidating Brazil, and it looks interesting. Here’s the story at Reuters. It’s a decent price, but one wonders if Mineracao Apolo could have gotten a higher one from someone else. Then again, they did not have to … Continue reading
The strength of Vale
Nickel trades on the LME; iron ore does not. The underlying value of Vale (aka CVRD) is the stability of its iron ore earnings. That is what makes it a great company. The question I ask is will they succeed … Continue reading
