Reuters reports that Pacific Iron Ore (CVE:POC) is evaluating strategic alternatives, including a possible sale of itself, as the Canadian mineral explorer looks to gain from the surging global demand for steel and rising metal prices.
Reuters reports that Pacific Iron Ore (TSXV:POC) is evaluating strategic alternatives, including a possible sale of itself, as the Canadian mineral explorer looks to gain from the surging global demand for steel and rising metal prices.
The market news is quoted as saying,
Pacific Iron Ore believes it currently trades at a substantial discount to the value of its underlying assets, it said in a statement.
“Moving into 2011, global demand continues to drive iron ore, copper, gold, rare earth and other metal prices to record levels,” it said.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1826.12 | -0.40 | |
Silver | 24.03 | +0.08 | |
Copper | 3.82 | 0.00 | |
Palladium | 1797.89 | +9.11 | |
Platinum | 1072.21 | +2.21 | |
Oil | 80.51 | +2.11 | |
Heating Oil | 3.30 | +0.04 | |
Natural Gas | 4.43 | -0.13 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured Base Metals Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.