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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Company's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The Company's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The Company's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The Company's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The Company's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The Company also owns and operates two other minor refineries: Orito and Apiay.


NYSE:EC - Post by User

Comment by Ironmask1on Sep 09, 2009 3:08pm
361 Views
Post# 16290708

DD on EC

DD on ECFully agree Beamin,

Source: "Cannacord Adams Mining Weekly" 9 September 2009

Following the yellow brick road
• If lions, scarecrows and tin men could talk, they would probably be
discussing the gold trade. Last week marked the first few trading days of
September, which tends to be known as the month to own gold. Seasonally,
gold tends to outperform in September and, as indicated by trading activity
since the start of the month, this September has thus far been true to the
trend. In this week’s edition of Junior Mining Weekly we take a look at the
gold trade and some of the factors that support the seasonal performance of
the metal as well as some of the risks involved.

Btw. A good friend of mine works at an investment bank as a portfoliomanager at one of the biggest Canadian banks, and I know they they've EC on their Radar.
Won't take long before we will have more pro's buying a very undervalued Ecometals.
My target before Christmas is C$8.

Long and strong EC
Glta


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