by Arnold Joe
Loading ...Economics:
Canada’s April inflation numbers increased to 0.8% for the month and 1.7% year over year. Canada reported food increased 0.8% in the month and energy prices increased 6.0% (this contrast to the US which strangely enough showed no change in energy prices). Although the year over year numbers are low relative to the other […]
Stock Portfolio Changes:
I bought Quadra Mining Ltd (T-QUA, copper producer) at $26.09 after it released some good quarter end numbers ($1.38 adjusted EPS). If the earnings are extrapolated out for the year, it works out to a very attractive P/E ratio of less than 5. There were some upward pricing adjustments to the Q4 […]
Background:
Quadra Mining Ltd (T-QUA) mines copper in the US from the Robinson mine, has another US mine under construction and is developing a Molybdenum mine in Greenland and a copper mine in Chile. Numbers are presented in thousands of USD.
It has a cash cost of $1.49/pound in 2007, down from $1.76 in 2006. […]
