June 27, 2014

@PDVSA financials: #PenaAjena - Setty's notebook

Embarrassing to say the least... The auditors have some explaining to do...


PDVSA financials: pena ajena (updated)

There was a time when I took some pleasure in finding concealed admissions of weakness hidden within the rosy financial results of Venezuela’s state oil company. Today, I read them and I am just embarrassed. Writing about these numbers is like watching the end of bullfight. The once mighty beast is crippled, bleeding and it seems in bad taste to stare.
Read the rest of the post on Setty's site: PDVSA financials: pena ajena (updated) | Setty's notebook

June 6, 2014

FT #Gold Mines changes- Detour and Oceanagold added- Alacer out

Another positive for Detour Gold.

This will be effective on Friday June 20th after the close.

Following the semi annual review of the FTSE Gold Mines Index, the FTSE Gold Mines Index Committee announces the following changes which will become effective after the close of business on Friday, 20 June 2014 i.e. on Monday, 23 June 2014.

For Inclusion:

COMPANY

SEDOL

COUNTRY

Detour Gold

B1PMQ65

Canada

Oceana Gold

B1Z7L21

Canada

Lingbao Gold (H)

B0W3C66

China

For Exclusion:

COMPANY

SEDOL

COUNTRY

Alacer Gold

B40B271

Canada