Business
Precision Drilling Corporation and Total Energy Services Inc. Under Current Evaluation
Precision Drilling Corporation and Total Energy Services Inc. Under Current Evaluation
About this update from Precision Drilling Corporation
[{"type":"text","content":"\nPrecision Drilling Corporation and Total Energy Services Inc. Under Current Evaluation\n\n\n Nov. 23, 2010 (Baystreet.ca) -- Equedia.com and Equedia Weekly provides research on the top Canadian companies with a focus on mining and resource stocks. Equedia is continuing research and evaluation on the prospects of Precision Drilling Corporation (TSX: PD) and Total Energy Services Inc. (TSX: TOT). 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: http://equedia.com/equediaweekly 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: http://equedia.com/equediaweekly Here is a brief excerpt from our latest newsletter with our story, \"Conflicts of Interest,\": “Hidden in the GLD prospectus, a custodian is free to store the gold with sub-custodians until the gold is delivered to the custodian's main vault. The sub-custodians can also store the gold with other sub-custodians! That means you have no idea where your gold might be. At the end of the day, your gold could be in the hands of 10 different banks and you may not even know it!That's not the worst part. Not only are the sub-custodians not accountable for the gold they store and are free to appoint other sub-custodians to hold the gold, the GLD (the trustee) has no right to visit the sub-custodians to examine the gold or check out its records. What's even crazier is the fact that the GLD can only check their gold in the banks on a limited basis. There is usually only one independent audit at the end of the year and one surprise audit per year.Over the past year, we have discussed the role and possibility of precious metals manipulation in numerous newsletters. When it comes to ETF's, herein lies yet another big controversy....\"To continue reading and receive your next free edition of Equedia Weekly, please subscribe by going to http://equedia.com/equediaweekly/ and visit http://equedia.com/blog/view.php/Conflicts-of-Interest/ for the latest edition.You should also visit ...