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: Glencore-Xstrata-Qat...

https://www.bloombergquint.com/business/2017/10/02/qatar-fund-is-said-to-explore-asset-sales-as-new-deals-on-hold

The Qatar Investment Authority, which has reduced its direct holdings in Credit Suisse Group AG, Rosneft PJSC and Tiffany & Co. in recent months, is considering selling more of its $320 billion of assets, which includes stakes in Glencore Plc and Barclays Plc, and channeling the proceeds into its home market, according to people familiar with the matter.

"Sovereign wealth funds, such as the Qatar Investment Authority, are always national buffers against adverse risk events, ” said Sven Behrendt, managing director of GeoEconomica in Geneva. “Since the boycott is such a risk event for Qatar, the assets stored within QIA will need to serve as such a buffer.”

Bankers and lawyers who used to pitch acquisition targets to the QIA are now proposing asset sales, and have been told not to expect any major investments by the fund in the near term, the people said. The fund hasn’t formally hired financial advisers to dispose of any assets but is considering which stakes are best positioned to be offloaded, they said. The QIA declined to comment....

The QIA plans to spend most of what remains of its $45 billion investment target on U.S. assets as it seeks diversification, Chief Executive Officer Sheikh Abdullah Bin Mohammed Bin Saud Al Thani said last month.

 Qatar, has a 8.49% stake in Glencore PLC-   4.51 billion..

 Selling a chunk would most likely hit the Glencore Share price…

 

Qatar kept buying up shares of Xstrata during the proposed merger of Xstrata-Glencore to the point where they owned more than 12% and.. ..

and forced Mr Glasenberg to increase his original 2.8 share offer

from April of this year…

https://twitter.com/justintrudeau/status/856656079752753153?lang=en

Justin TrudeauVerified account @JustinTrudeau

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Working with Qatar’s Sheikh Abdullah Bin Mohammed Bin Saud Al-Thani to create jobs & grow the economy in Canada

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