GREY:DTEMF - Post by User
Comment by
KEMA1on Jul 28, 2008 9:15pm
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Post# 15337738
RE: Joint Venture Question.
RE: Joint Venture Question.
-A OUTSIDE COMPAGNY HAS THE RIGHT TO INVEST TO A MAXIMUM OF 49% OR 50% MAX IN A CANADIAN COMPAGNY.
-AS PER LAST MEETING, THEY SHOULD INVEST RIGHT AWAY 10-20% AND UP TO THE MAX 50%.., BUT AT THAT PRICE, LIKE YOU SAID, IT'S GETTING MORE ATTRACTIVE FOR SINOSTEEL...
IF JOINT VENTURE, HOLD DITEM FOR LONG, BECAUSE IT WILL BE BIG.. IMO
CHEERS ALL