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Century Global Commodities Corp. V.FER



TSXV:FER - Post by User

Comment by porksnifferon Jul 21, 2011 8:09pm
194 Views
Post# 18859276

RE: northern miner

RE: northern minerAnyone have access to this?? Nolan, do you have the print edition? I can't believe we are the only ones posting here. Totally flying under the radar. The Chinese own 85% of the shares. Management, Chinese, own 55%, WISCO owns 25%, is a 40% JV partner, will provide 70% of capex with debt financing to reach production and has a 60% off take agreement. Minmetals owns 5%, and has a 10% off take agreement. No float to speak of here.  Someone on the NML board posted that a bunch of Chinese business men are in Labrador staying at a hotel. Probably not a tourist trip. If anyone has the Northern Miner article, post it here or inbox me. Thanks.
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