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Re: The Portfolio

By: killthecat in POPE | Recommend this post (0)
Sun, 11 Mar 12 6:40 PM | 78 view(s)
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Msg. 53221 of 65535
(This msg. is a reply to 53215 by Zimbler0)

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Hi Zim:

VALE is more a bet on Brazil rather than the company itself. I am in a minority that believes Brazil is in recovery and reform of sorts after a bleak 2011.

Thanks for your input.


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The above is a reply to the following message:
Re: The Portfolio
By: Zimbler0
in POPE
Sun, 11 Mar 12 4:10 AM
Msg. 53215 of 65535

KTC> 1,000 shares of VALE.



Weyall,
At least this one has a dividend . . . 4.9%.

>>
Vale S.A. engages in the exploration, production, and sale of basic metals in Brazil and internationally. The company is also involved in fertilizers, logistics, and steel businesses. Its Bulk Material segment engages in the extraction of iron ore and pellet production, as well as operation of Brazilian northern and southern transportation systems, including railroads, ports, and terminals related to mining operations.
>>

Zim.


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