FOX Translator
No data currently available.
No data currently available.
Even if you don't think you do, you already know plenty about commodities. Want us to prove it? No problem.
What makes oil produced in Saudi Arabia different from oil exported from Nigeria? It's the same thing that makes the corn you ate at last summer¿s barbecue different from the corn used to produce ethanol. Stumped? Well, don't feel bad, it's a trick question. The answer? Absolutely nothing. Corn is corn no matter where it comes from -- just as wheat is wheat and natural gas is -- right! -- natural gas. (Though the quality may differ, the make-up is uniform.)
So, in less elaborate terms, corn and oil (and all other commodities) are homogenous goods that can be processed, resold and more often than not, used as an input to the production of other goods or services. These goods are traded on a commodity exchange, thus setting the price-per-barrel (or other metric unit) used to value them.
Now pay attention, here's a question that indeed does have an answer: What is the difference between a commodity and a stock? While a stock can tank and become worthless, a commodity cannot have its value be wiped to zero. One other difference: Most commodities are traded in futures, meaning traders buy and sell where they think the price of a product will be at a certain point in the future. Stocks trade based on the value of the underlying company at that point in time.
Home / Markets / Industries / Energy
Wednesday, May 07, 2008
MIPSolutions, Inc. Reduces Expense and Development Time Associated With Precious Metal Extraction
Comtex
SPOKANE, Wash., May 7, 2008 /PRNewswire-FirstCall via COMTEX News Network/ ----MIPSolutions, Inc. (OTC Bulletin Board: MSOL) Recent testing in MIPSolution's laboratory at the University of Utah has revealed a significant development in the area of Molecularly Imprinting. It was discovered that Molecularly Imprinted Ionomer (MII) beads imprinted to retain silver could readily capture gold while excluding other metals. This translates into decreased development time, a large amount of capital expense savings and a simplified field use plan.
"These serendipitous results greatly simplify our R&D plans for precious metals while significantly reducing costs," said Glen Southard, Chief Science Officer of MIP. "The ability to use the same MII beads to isolate two different precious metals will save significant amounts of capital expense and development time."
In other news, the laboratory added a Schlenk system to improve quality control and purity of MIPSolution's MII beads and their feedstock. This system is used to handle inert gasses and is coupled with a vacuum system that helps control oxygen content, humidity, cleanliness and volatile organic compound content during chemical reactions.
About MIPSolutions
MIPSolutions is focused on the development of technologies to be deployed in the mining, environmental, water and medical markets. A License Agreement with The Johns Hopkins University Applied Physics Laboratory and our own Intellectual Property supports our technology. The technology incorporates a process to selectively capture target molecules and ions that, after being isolated, can be released and concentrated into a pure saleable product. The process enables the advancement of products designed to focus on toxic, problematic, and/or valuable elements. Founded in 2005, MIPSolutions, Inc. is a public corporation headquartered in Spokane, Washington with laboratory facilities and offices in Salt Lake City, Utah.
"Safe Harbor" Statement under Private Securities Litigation Reform Act of 1995: Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Information contained herein contains "forward-looking statements" which can be identified by the use of forward-looking terminology such as "believe", "expect", "may", "should", "up to", "approximately", "likely", or "anticipates" or the negative thereof or given that the future results covered by such forward looking statements will be achieved. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
SOURCE MIPSolutions, Inc.
Copyright (C) 2008 PR Newswire. All rights reserved
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
