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DewDiligence

08/15/12 8:46 PM

#5573 RE: ilpapa #5572

I got out of DE last month… Would like a chance to get back in.

You got it today.

DewDiligence

08/15/12 9:05 PM

#5574 RE: ilpapa #5572

p.s. China is not nearly as important to DE as it is to such companies as CAT, VALE, and BHP. Brazil is extremely important to DE, however (#msg-78435398).

DewDiligence

08/16/12 5:23 PM

#5581 RE: ilpapa #5572

While everyone looks to China, Brazil is spending
many reais on transportation infrasructure:

http://www.nytimes.com/2012/08/16/world/americas/66-billion-transportation-plan-announced-in-brazil.html

President Dilma Rousseff announced a nearly $66 billion investment package on Wednesday to beef up the nation’s ailing road and rail systems, part of efforts to solve serious transportation bottlenecks and spur a sputtering economy. The investment includes laying 6,200 miles of train tracks and building or widening 4,660 miles of federal highways, with more plans soon for airports, ports and transportation on waterways.