VALE will release 3Q12 financial results on 10/24/12 (after the market close) and hold its quarterly CC on 10/25/12.
The production numbers in the link above appear to be ok, but they don’t tell us much without the accompanying financials, so I’ll defer further commentary until next week.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”