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Posts related to ‘Metals’

Patriot Coal Tries to Stop the Bleeding

Posted: May 22, 2012 at 2:50 pm

Here’s what Patriot Coal Corp. (NYSE: PCX) had to say this afternoon about the $625 million term loan it couldn’t close last week: Earlier this month,Patriot Coal Corporation (PCX) announced ...
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Patriot Coal’s Starts Bloodbath for Coal Miners (PCX, BTU, ACI, CNX, ANR, JRCC, WLT, CLD, KOL)

Posted: May 22, 2012 at 1:24 pm

Shares of Patriot Coal Corp. (NYSE: PCX) are in freefall this afternoon on a report from Debtwire that the company is seeking a firm to help with its restructuring. The ...
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Large Stock/Option Volume Alerts in Seabridge Gold

Posted: May 22, 2012 at 11:15 am

Seabridge Gold, Inc. (NYSE: SA) is a company small enough and obscure enough that we would rarely cover it.  So what happens when investors are starting to pile back into ...
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After The Fall, Huge Upside & Value In Gold/Silver Miners (GDX, SIL, ABX, GG, NEM, AU, KGC, AEM, GFI, AUY, IAG, HMY, EGO, RGLD, SLW, PAAS)

Posted: May 22, 2012 at 10:44 am

Gold and silver have finally indicated that the free fall we saw over the last month may have at least stabilized.  The markets are mixed today in the commodities and ...
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China, ETFs, and Central Banks Supporting Gold Price and Demand

Posted: May 17, 2012 at 10:41 am

The World Gold Council has released its first quarter report on global gold demand.  Some of the report may be as most expected, but the report also contains some interesting ...
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Patriot Coal Leads the Way to New Lows

Posted: May 15, 2012 at 1:28 pm

Today’s not a good day to be in the coal business. Miner Patriot Coal Corp. (NYSE: PCX) announced this morning that it was lowering both shipment and price forecasts for ...
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Gold & Silver Woes Remain As Relevance is Under Attack

Posted: May 15, 2012 at 11:43 am

Gold remains under pressure on Tuesday, albeit at a far lower rate of pressure with a drop of only $0.37 to $1,554.19.  Gold was at $1,580 just yesterday morning overseas ...
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In Defense of Molycorp and Rare Earths

Posted: May 14, 2012 at 9:09 am

Molycorp Inc. (NYSE: MCP) is nothing short of an odd stock in an even more odd industry.  Most investors and most in the public might not even understand what rare ...
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Gold Hits 2012 Low

Posted: May 9, 2012 at 4:43 pm

Gold for June delivery closed down 0.6% today, at $1,594.20/ounce on Comex, the lowest settlement price since December 30. Traders are reacting to two things: a strengthening U.S. dollar and ...
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A Strange Rare Earth Segment Move… Opportunity or Trap? (MCP, REE, AVL, REMX)

Posted: May 8, 2012 at 2:07 pm

The trend from rare earth moves usually seems to be like a China-regulatory move, but that is not the case today.  We have an emerging player which has delayed a ...
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When Gold, Silver, and Copper All Tank… Are They All Devil’s Metals? (GLD, RGLD, SLV, HL, JJC, SCCO, FCX)

Posted: May 8, 2012 at 10:12 am

What happens when you have an appreciating dollar?  Commodity prices tend to fall, all other things being equal.  But what about when you have a scenario where risk-on investors are ...
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Iran Trades Oil for Yuan, Rupees, and Junk

Posted: May 8, 2012 at 7:44 am

One way that Iran has found to combat the tightening international sanctions on its crude oil sales is to accept payment in something other than US dollars. The Iranians have ...
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S&P Cuts Outlook on Coal Miner (CNX, ACI, ANR, WLT)

Posted: May 4, 2012 at 1:14 pm

Ratings agency S&P has lowered its outlook on coal miner Consol Energy Corp. (NYSE: CNX) from ‘positive’ to ‘stable’, while maintaining a ‘BB’ junk rating on the company’s debt. Earlier ...
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Chinese Currency Going Global? (CME, ICE)

Posted: May 4, 2012 at 7:29 am

At a conference in Singapore, the CEO of the London Metals Exchange (LME), the world hub for metals trading, said that LME is working on a 2-year project to create ...
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Royal Gold’s Reserves Grow Even as Results Lag (RGLD, ABX, KGC, NEM, GG, PAAS, GLD)

Posted: May 3, 2012 at 10:00 am

For those who believe that the price of gold is going to rise, Royal Gold Inc. (NASDAQ: RGLD) may be worth another look. Shares are essentially flat over the past ...
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