Replies to post #237 on Vale SA (VALE)

[jump1]

Time to improve my cost basis at this depressed valuation of 4.5x earnings before interest, taxes, depreciation and amortization. Rio Tinto (RIO:NYSE) and BHP (BHP:NYSE) production numbers were ahead of expectations, and we believe Vale will also post a solid report next week. I like the self-help characteristics at the company: Management has placed an emphasis on cost cuts, asset sales, diversification of its asset base and profitability.