OTCQX:DMMIF - Post by User
Post by
coquitlamon Aug 04, 2010 7:35pm
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Post# 17322447
chinese to ivest in overseas gold companies
chinese to ivest in overseas gold companiesI came across very interesting statement by Chinese:
The PBoC said it will support overseas investment plans by large-scale bullion companies by backing them financially. Bloomberg highlighted that
China is calling on its banks to extend credit lines to gold producers and offer loans for overseas acquisitions. This is the first
time the Chinese government has singled out bullion producers for financial support in overseas purchases.
Since Chinese are big investors in Ecuador via Corriente takeover maybe DMM is next...