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)

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Message: Just a wild thought

Just a wild thought

posted on Feb 13, 2009 07:24AM

In this article,

China's Metals move a bright spot for sector

posted on Feb 13, 09 05:31AM

MINING REPORTER

Mr. Liu said that new loans by Chinese banks jumped by 1.62 trillion yuan or about $237-billion (U.S.) last month, an increase of more than 21 per cent from the month before.................................

Let’s look at the above. Loan’s worth 237 billion(US) in one month. Now if only 1% of last months loans went to buy let’s say, NOT, this would represent, $16.49, per share. Wow talk about purchasing power by China.


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