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DewDiligence

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DewDiligence

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Re: DewDiligence post# 3401

Wednesday, 09/07/2011 1:56:19 PM

Wednesday, September 07, 2011 1:56:19 PM

Post# of 30523
Brazilian mining official forecasts royalty increase 2%-->4%:

http://www.reuters.com/article/2011/09/06/brazil-mining-idUSN1E78514720110906

This is a manageable increase for VALE, but perhaps not for some of the smaller mining companies in Brazil.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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