Dear PGM-Capital, blog reader, Brazilian Iron Ore miner, “Vale SA” (NYSE: VALE) which is by volume world biggest Iron ore miner, in 2008 concluded that in order for it maximize profit, it need to own and operate its own fleet of “Very Large Ore Carriers” (VLOC). Due to this In 2008 the company, placed orders[…]
Dear PGM CAPITAL Blog reader, This morning, Wednesday November 9, 2011, Vancouver Canada based, First Majestic Silver Corporation, (NYSE: AG), (TSX: FR), (ISIN: CA32076V1031) reported its Q3-2011 earnings report for which you receive here below the highlights. Highlights: Cash Flow per share (non-IFRS) of CAD 0.38 representing a 122% increase from Q3 2010 Earnings per[…]
Dear PGM CAPITAL Blog readers, Today, November 4th 2011, Vancouver Canada based, New Gold Inc, (TSX: NGD), (ISIN:CA6445351068) reported its Q3-2011 Financial Results. Highlights: Quarterly gold sales increased to 93,028 ounces from 89,692 ounces in the same period in 2010. Net cash generated from operations increased by 105% to CAD 71 million CAD 433 million[…]
Dear PGM CAPITAL Blog readers, We are living in exceptional times and are now experiencing the fall of the once so mighty Western Nations (United States of America, Europe & Japan). Previously the shift of Economic Power caused a big war or was the consequence of big war. Nothing has changed. Currently the fall of the West[…]
Dear PGM-CAPITAL blog readers, Today, November 1st 2011, after the bell, Terra Nitrogen Company, L.P. (NYSE: TNH) a mayor producer and distributer of nitrogen fertilizer, reported its Q3-2011, financial results. Highlights: The company reported net earnings of US$128.4 million on net sales of US$203.3 million for the three months ended September 30, 2011. This compares to[…]
Dear PGM CAPITAL Blog readers, On Thursday, October 27 2011, after the bell Canadian Oil Sand Ltd (TSX: COS), (ISIN CA13643E1051), reported its Q3-2011 financial results. Highlights: Cash flow from operations increased 123% to CAD 512 million (CAD 1.06 per Share) in the third quarter of 2011 from the prior year period. Year-to-date, cash flow[…]
Dear PGM CAPITAL Blog readers, Since May of this year, Europe, the Euro-zone and the European Debt crisis are the headline of almost every news media on the planet. Currently the head of state of the 27 European Nations are meeting in Brussels, their 21st meeting in 14 month, on the issue of the Greece[…]
Dear PGM CAPITAL Blog readers, Today, October 26 2011, CNOOC Ltd, (NYSE: CEO, SEHK: 0883), reported its Q3-2011 financial results. Highlights: The total unaudited oil and gas sales revenues of the Company reached approximately RMB46.26 billion for the third quarter of 2011, representing a significant increase of 23.7% year over year. During the period, the Company made[…]
Dear PGM Capital blog readers, This morning, August 24th 2011, BHP Billiton, (NYSE: BHP) reported a record-breaking US$23.6 billion (AUD22.5bn) profit for the year ending June 30 2011. The BHP result – the biggest profit ever delivered by an Australian company and almost double last year’s $US12.7bn result – was driven by the same soaring iron ore[…]
Dear PGM Capital blog readers, Today August 15th 2011, is the 40th anniversary of President Nixon’s ending the Gold Standard and the end of the Bretton Woods international monetary system and the creation of modern FIAT currency. Nixon based his decision on the fact that too much gold was leaving the USA because France’s president Charles de Gaulle was reducing France’s[…]