Correction - Midas Letter Issues Alert on Cap Ex Ventures (TSX.V - CEV) - Video summary posted on InvestmentPitch.com
(Thomson Reuters ONE) -
Vancouver, British Columbia, February 11, 2011 - In a Midas Letter Alert, James
West picks Cap Ex Ventures (TSX.V - CEV) as a company that could benefit from
the current interest in iron ore projects.
Investmentpitch.com, a multimedia technology company providing a combined
solution for creating, hosting and distributing video content for public
companies, has prepared a video, including maps, summarizing this report. The
video alert can be viewed at this link. In this link is not enabled, please
visit www.investmentpitch.com and enter "Cap Ex" in the search bar.
The following information has been extracted from the Midas Letter Alert:
Iron Ore deposits are now the target of major steel producers who seek to gain
leverage in future price negotiations with suppliers of iron ore to their
furnaces, and to develop their own supply alternatives.
The race for the world's remaining large raw metals deposits is now underway,
and despite iron ore's rank as the fourth most abundant element in the earth's
crust, there is a race on to gain control of large deposits. One of the primary
risks of investing in iron ore is that because it is so abundant in the earth's
crust, supply volumes could theoretically ramp up quickly to meet growing
demand, which could have the effect of snuffing out this booming market in iron
ore. So while these nascent opportunities are still achieving hundred million
dollar valuations relatively easily, one must keep an eye on the news and the
charts for any sign that this trend could reverse itself.
But for the foreseeable future, prices are likely to exceed US$200 per tonne.
Peter Richardson, chief metals economist at Morgan Stanley in Sydney, said in a
note that 2011 and 2012 were expected "to be very positive" for iron ore miners,
adding that the ore market would fall short of supplies until mid-2013.
James West stated, "With the stampede of mining entrepreneurs rushing to
organize iron ore focused companies, Cap Ex is one of the best examples of an
early opportunity that has above average potential for near term share price
appreciation thanks to the location of its projects."
For a full copy this report, please visit www.midasletter.com. For more
information on Cap Ex Ventures please visit www.cap-ex.ca
Contact:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan(at)investmentpitch.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: InvestmentPitch via Thomson Reuters ONE
[HUG#1488385]
Unternehmensinformation / Kurzprofil:
Datum: 12.02.2011 - 02:44 Uhr
Sprache: Deutsch
News-ID 51407
Anzahl Zeichen: 3182
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 145 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Correction - Midas Letter Issues Alert on Cap Ex Ventures (TSX.V - CEV) - Video summary posted on InvestmentPitch.com"
steht unter der journalistisch-redaktionellen Verantwortung von
InvestmentPitch (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
