Bucyrus International, Inc. a world leader in the design and manufacture of high productivity mining equipment for the surface and underground mining industries, will release its second quarter 2008 earnings report after the close of business on Thursday, July 24, 2008. Bucyrus' quarterly teleconference to discuss second quarter 2008 results will be held on Friday, July 25, 2008, at 9:00 a.m. Easte...
Mining investment is a great driver, in my opinion. For mining companies, after the rise in the price of the main commodities, operational margins are at extreme levels and incentives to invest are huge. BUCY and JOYG are "the oil services sector" of mining. They are the few companies that are 100% exposed to mining (for instance, mining represents only c15% of revenues for CAT). BUCY jus...
Symmetrical triangle breakout 8/16 on huge volume with a large volume follow-through on 8/17. Stock has since traded back into the triangle which is risky, but it's still sitting on the 30-day MA. If it can hold this level, you're looking at a $15 move up to $64.00 in 3 months. Very compelling.
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