Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
The sooner this gets back to the 52 week low the better chance that we MIGHT begin to see a bottoming... The news out of China is not good IMPO for any of the metal miners... so all this faffing around at the moment is a bit nuts IMPO....
Odd that this is up today when the likes of RIO and BLT are down.
Glad I could be of help. Wish that I listened to my own advice though - thought that Intrexon, XON, would go higher when it was 40 bucks about 6 weeks ago but was greedy and wanted it to fall to 35 bucks. Last night it broke through 60 bucks :-(
I was wondering why it opened up this morning - still up currently but I doubt that will last with what is going on in China. Deflation is very much back on the cards at the moment.
A lot of people are going to be looking for that bounce so will buy... but with copper and iron prices heading down this it is very hard to see why RIO and Co aren't going to go a lot lower in the coming months. The best hope is some form of QE from China. Only China can save any of the miners now.
10 bucks? I think the 2 or 3 big bullion banks wish to drive the price of gold and silver down considerably. At the same time they appear to be buying as much silver, and probably gold, as they can. IMPO, once they have driven it low enough and have got rid of the last gold/silver bulls, they will turn it all around and the metals will soar. At which point the money they will make will be staggering. But I think they are taking it down much further yet - read those Clive Maund articles that I posted. Just my two cents - not investment advice.
Very bearish. http://clivemaund.com/article.php?art_id=68 http://clivemaund.com/article.php?art_id=67
Copper Crashes, In Danger Of Breaching 15-Year Support Level http://www.zerohedge.com/news/2015-07-06/copper-crashes-danger-breaching-15-year-support-level
All the forecasts are for copper and iron to go lower in the next 12 months as RIO and BLT, allegedly, try to drive their competitors out of business. I don't think we will see this bottom until we begin to hear about the small and medium sized Aussie miners going bust in significant numbers.