HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Message: ABC
I see our "buddies" at Merrill Lynch are making every effor to take the steam out of Noront. I have noticed them quite frequently doing what is necessary to "keep this stock under the radar by not allowing it to move up."
I find it interesting that Citic is getting an approval tommorrow for an IP0 in Hong Kong for 1.5-2 billion bucks. If you recall McGuinty met with Citic in Hong Kong. If you recall the railroad is 2 billion bucks. If read part C which talks about the IPO you coincidentally see the name of good old Merrill lynch and of course buddy Morgan Stanely (china investment corp has a 9.9% stake in Morgan Stanely). What a cute club.
A: Old news from Nov.3-4, 2010- Pay special attention to Eric Huang, Ceo of Citic
McGuinty Meets with Chairman Li Ka-shing and CEO Eric Huang
Hong Kong's business community met Ontario Premier Dalton McGuinty and ministers Sandra Pupatello and Michael Chan to discuss investment opportunities in Ontario.
Premier McGuinty spoke at a reception hosted by the Canada-Hong Kong Chamber of Commerce. Guests included leaders in mining and financial services. McGuinty credited Ontario's strong financial services sector for helping it weather the global recession better than most other economies. He also talked about the government's plans to develop the Ring of Fire, an area in Northern Ontario that contains one of the world's largest chromite deposits.
Earlier, Premier McGuinty met with Li Ka-shing, Chairman of Cheung Kong Limited and Hutchison Whampoa. The Premier and Mr. Li discussed Ontario as a growing North American location for new investment and trade. McGuinty also met with Eric Huang, CEO of CITIC Merchant Bank.
B) There is a $2 billion pricetag for a proposed Ring of Fire railroad
(C)
http://www.szdaily.com/content/2011-08/18/content_5958374.htm
| CITIC Securities plans HK share sale |
| 2011-August-18 08:53 Shenzhen Daily |
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CITIC Securities, the biggest listed brokerage on the mainland, is planning to raise about US$1.5 billion in a Hong Kong share sale with a flotation of its shares as early as September, a report said yesterday. The firm will seek approval later this month for a listing in the southern Chinese city, Dow Jones Newswires reported, quoting unnamed sources. The Financial Times said the brokerage, which is already listed in Shanghai, planned to raise as much as US$2 billion in its flotation. Citic Securities could sell up to 40 percent of the shares in the offering to cornerstone investors in a bid to ensure the offering’s success, the IFR reported Tuesday. |
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Citic Securities last month hired Bank of America Merrill Lynch, Credit Agricole’s CLSA unit, HSBC and Morgan Stanley to help arrange the offering |
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