Hercules Offshore, Inc. and SandRidge Energy, Inc. Under Current Evaluation
Jun. 5, 2010 (Baystreet.ca) --
Equedia.com and Equedia Weekly provides research on the top companies with a focus on the most interesting stories in the markets. Equedia is currently researching and evaluating the prospects of Hercules Offshore, Inc. (Nasdaq: HERO) and SandRidge Energy, Inc. (NYSE: SD). To be further notified of our updates on these companies and special report editions through our Equedia Weekly Newsletter, please obtain your free subscription here:
Companies previously featured in our special report editions have hit new 52 – week highs since the initiation of our coverage and many companies under evaluation have made strong gains since being placed under evaluation. To receive these reports, please make sure to subscribe for your complimentary subscription to Equedia Weekly here:
Here is a brief excerpt from one of our past newsletters with our story on, "The Human Metal":
“When gold moves, silver moves. When base metals moves, silver moves as well. Silver is a metal that can move with both gold, and copper. So while investors turn to precious metals on concerns of Europe's debt crisis, the growing concerns over a potential slowdown in China has caused the price of silver to go in both directions. A tug of war, if you will.
A report shows world investment demand for silver nearly doubled in 2009 to a whopping 216 million ounces, compared with the year before. That's a value of about $3.2-billion on an average price of $14.67 per ounce in 2009. Of those investments, about 137 million ounces were from silver exchange-traded funds, a 184-per-cent year-over-year increase - the highest level in the past 20 years.
The demand for silver is not just growing, it's exploding. But there's a problem..."
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