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Vale ADR Representing One Ord Shs VALE

Vale SA, formerly Companhia Vale do Rio Doce, is a Brazil-based metal and mining company which is primarily engaged in producing iron ore and nickel. The Company also produces iron ore pellets, copper, platinum group metals (PGMs), gold, silver and cobalt. Vale is engaged in greenfield mineral exploration in five countries and operates logistics systems in Brazil and other regions in the world, including railroads, maritime terminals and ports, which are integrated with mining operations. In addition, Vale has distribution centers to support the delivery of iron ore worldwide. Vale has numerous subsidiaries, including Vale Logistica Uruguay SA, Vale Holdings BV, Vale Overseas Ltd. The Company’s operations abroad cover approximately 30 countries.


NYSE:VALE - Post by User

Comment by Paray99on Mar 09, 2022 10:05am
44 Views
Post# 34499076

RE:RE:RE:Like Nickel But!

RE:RE:RE:Like Nickel But!

jwillis9 wrote: Tanking again this morning

 

Doesn't matter, it is an orchestrated game plan. In 30 minutes from market open, almost 10M shares  were shaken off from weak hands and big guys grabbed. That is why SP is still holding at such a huge volume. 

Expect to see the same action in all commodity space. BNN bring some ex OPEC guy to bash on oil. That guy was telling there is no physical shortage of oil... ha ha ha... 

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