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6 pts

Opinion on  Companhia Vale Do Rio Doce (RIO)     Sector: Basic Materials  >  Industry: Metal Mining
nickel

Mar 24, 2007 05:53 AM GMT
Churchill01
jer
Return Risk
-3.92% HIGH
Analyst

60% of all stainless steel contains 8% nickel, and nickel has gone up 204% in 2006. I highly doubt this demand will be met this year,with the acquistion of Inco and the opening of the goro mine in 2008, the low institutional intrest and stigma of foreign equities, this stock is under priced."A fanatic is one who can't change his mind and wont change the subject".


RIO:  This call was made on 03/24/07 @ $37.2
Rating:   Positive   $37.2 (03/24/07)
Gain/Loss:   n/a in 978 days
Target:   $47.00 (+26.34%) in Three months


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