POSCO (PKX)

All Comments on PKX

  • commenter
    Sep 06 07:07 PM
    ETF Insights: South Korea, Ireland [view article]
    Thanks for your comments on EWY and PKX. Are you aware of an alternative way int invest in S. Korea's stock market because EWY has over 15% in Samsung? Do you know what price Buffett payed for PKX? Reply
  • commenter
    Jun 28 06:24 PM
    6 Metal Stocks That Shine Brighter Than Gold [view article]
    "The aluminum industry claims that every pound of aluminum used in a car reduces carbon-dioxide emissions by 20 pounds over a hundred miles"
    At 20mpg, 5 gal is burned every 100 miles.
    Each gallon of gasoline has 5.3 Lb carbon, or 19.4 Lb CO2 when burned, for 97 Lb CO2 per 100 miles
    So... adding 4.85Lb aluminum to my car will reduce my CO2 emmissions to zero (which must mean my milage increased to infinity! Praise the aluminum industry. The energy problems are solved! (but my current car has probably 30-50 Lb of aluminum in the engine, Vs zero Lb for my old 69 Mustang, which got 15 mpg - looks like that claim is BS)
    Reply
  • commenter
    Jun 23 12:00 PM
    My Website
    6 Metal Stocks That Shine Brighter Than Gold [view article]
    Correct me if I am wrong: US Steel should see the same pinched margins as in the past once Bernanke begins to raise rates, and strengthen the dollar. Of course, I am not that confident in the US's ability to have a strong currency, as Paulson has been preaching that mantra since oil began its ascent. Reply
  • commenter
    Jun 19 05:42 PM
    My Website
    6 Metal Stocks That Shine Brighter Than Gold [view article]
    check out condor resources. there,s gold in them there hills. Reply
  • commenter
    Jun 19 03:10 AM
    6 Metal Stocks That Shine Brighter Than Gold [view article]
    Maxi-Gold is ready for a rebound. Maxi-gold (MXD.V) acquires 15 Gold, Silver and Base Metal Exploration Properties in Peru.
    Maxy Gold is focused on the acquisition, exploration and responsible development of precious and base metal properties in China and Peru. In China the Company has an exploration program underway on the MIDU joint venture in Yunnan Province where gold mineralization has been identified, and has a strategic joint venture alliance in Qinghai Province with Western Mining Group, Ltd. one of China's largest mining and development companies, where it is working two promising Au-Cu-W-Mo properties, Duoba and Danbolongwa. The Peruvian acquisition will bring different areas of opportunity and diversifies the Company's exploration focus.

    Maxy has approximately $4.2 million available to invest in exploration.

    Reply
  • commenter
    Jun 19 02:36 AM
    My Website
    6 Metal Stocks That Shine Brighter Than Gold [view article]
    I have a compltely different opinion on aluminum producers, regardless of the fact that aluminum remain at the high price. Read my reasonings of why right here:

    seekingalpha.com/artic...

    I believe the best commodity play, if you consider supply/demand imbalance, and price elasticity, scarcity of source, narrowness of market, is the platinum and palladium metals. And the best two stocks to play palladium are SWC and PAL.

    I am NOT a gold bug and I do not buy gold, btw. So my bullish view on PGM metals is not because they are precious metals, but because there is real shortage which can not be cured any time soon, especially due to the South African electricity crisis.
    Reply
  • commenter
    Jun 19 01:42 AM
    My Website
    6 Metal Stocks That Shine Brighter Than Gold [view article]
    I wonder why zinc is plummeting even as steel rises. As I understand it, zinc's largest use is to galvanize steel. It seems unlikely that demand for steel would rise while demand for zinc would decline. I wonder if all the cheap zinc miners are a good way to play steel right now. Zinc is damn cheap. Reply
  • commenter
    Jun 19 12:46 AM
    6 Metal Stocks That Shine Brighter Than Gold [view article]
    Agree on the post, but I recommend you look at Ormet Corp, ORMT, for a pureplay aluminum company. Trading for $1200/ton of production and 2.3x next years EBITDA. Reply
  • 6 Metal Stocks That Shine Brighter Than Gold [view article]
    The value add in aluminum is not from the mining operation or scarcity, but from the refining process. It is very energy intensive. You make money by having a cheap source of electricity that you can use to reduce the bauxite ore into aluminum metal.
    Reply
  • commenter
    Jun 18 12:53 PM
    6 Metal Stocks That Shine Brighter Than Gold [view article]
    great summary of the prospects for steel and aluminum! Reply
  • commenter
    Jun 18 11:58 AM
    6 Metal Stocks That Shine Brighter Than Gold [view article]
    Whatever happened to MT Mittal Steel in this line up??? I wonder. Reply
  • commenter
    Jun 18 11:14 AM
    6 Metal Stocks That Shine Brighter Than Gold [view article]
    CDE is in minning business.(Silver gold)
    The trend of CDE is down -negative sentiment, BUT the turn around will be in end of 2008.
    Make your short DD and you can understand why I think its very good entry time
    Reply
  • commenter
    Jun 18 10:03 AM
    6 Metal Stocks That Shine Brighter Than Gold [view article]
    Iron is not more durable than gold. Gold never ever rusts! Reply
  • commenter
    Jun 18 09:09 AM
    6 Metal Stocks That Shine Brighter Than Gold [view article]
    521 metric tons? You don't say! Between all four of them? They must be building at least one small office-building each. Astounding development! Perhaps they need more dental clinics. Reply
  • commenter
    Jun 18 07:36 AM
    6 Metal Stocks That Shine Brighter Than Gold [view article]
    outstanding! Reply