What do you know that the ratings agencies don't?
• S&P – BB, stable outlook
• Moody’s – Ba1, negative outlook
• Fitch – BB+, stable outlook
cmon pud, it's a simple question... which bar of gold would you choose - the one made on the moon or the one made on earth? Obviously each has a different weight on the respective celestial bodies where they were produced... should be a no-brainer for a savant like you
If Obama rejects KeystoneXL based on his own criteria for approval that the State Dept. has already confirmed the project meets, he will expose himself as a lying hypocrite. Seems fitting though that he would be willing to go down in history as such to ensure the victory of another lying hypocrite aka Hillary C. USA politics is an ugly mess compared to Canadian politics, despite what lobsterhead would have people believe.
@“I haven’t made a final determination on it, but what I’ve said is, ‘we’re not going to authorize a pipeline that benefits largely a foreign company if it can’t be shown that it is safe and if it can’t be shown that overall it would not contribute to climate change,’” Obama said on Friday
imagine that... a socialist government that understands how to manage the economy. lobsterhead and his conservative anti-union pals must be fuming...
If gold ore was mined on the Moon and refined to produce a 1000 cm^3 bar, and a gold bar of the same dimensions was produced on Earth, then both bars of gold were shipped up to the space station, which bar would you take if you were offered one of the two?
If a kilogram of gold was mined and refined on the moon and another kilogram was similarly mined and refined on earth, what would be the USD value of these two bars of gold in space?
Physics is universal. It does not care what planet or satellite or asteroid you live on.
ON EARTH WEIGHT 200 lbf MASS 200 lbm
IN SPACE WEIGHT 0 lbf MASS 200 lbm
ON MOON WEIGHT 33 lbf MASS 200 lbm
Mass can be determined independently of weight. To determine the mass of an object, you simply count the total number of neutrons and protons contained in the object.
Agree. debt restructuring will lead to dilution and push out debt maturities and this is viewed as favorable to shareholders vs a Ch11 filing. Until coal prices actually move up, however, miners will not see an improvement in profitability. I will only buy coal miners if/when prices reverse trend.
forecasts are meaningless. look at actual coal futures contract prices... i see no sustained reversal in trend
will sanctions continue even if there is a change in federal government? what is the ndp and liberal party stance on them?
They may have bottomed, but there is no clear evidence of a price trend up either. So far there have been only very minor cutbacks to production. Instead, miners like PCX WLT, ANR etc. are going BK then continue on operating most of the mines with lowered debt costs, which reduces the likelihood of a strong recovery.
The two coal sub-sectors, coking and thermal, face different headwinds. I think the outlook on coking coal (used in steel production) is more promising than thermal coal. I've been watching SXCP lately for a possible entry point...not strictly a coal miner, but rather a coal refiner selling into the downtrodden USA steel sector.
Yeah they must be really scared of Afrezza
@RALEIGH, N.C. (AP) -- Danish drug maker Novo Nordisk said Wednesday it will open new factories in North Carolina and Denmark as pharmaceutical companies seek to keep up with demand for diabetes medications in an increasingly overweight world. Novo Nordisk plans to invest about $2 billion over the next five years in new production facilities in the Raleigh suburb of Clayton and near Copenhagen, Denmark. The company plans to create close to 700 new production and engineering jobs in Clayton, where Novo Nordisk now employs more than 700 people at a factory producing insulin products.
Sold a fourth of my RAI holdings today.That evil-looking candle from Monday gives me the creeps. I was getting a bit over-weighted the sector anyway with the strong run-up in RAI and the buys I made on BTI after the RAI-LO merger. I've often seen stocks droop after a split, and if RAI droops back down to the low on that crazy looking candle, I'll be buying.