RE: any possibility for chinese takeoutAccording to Minesite.com (this is likely old data- as the shares out showed 36mm+)
Major Shareholders
Harp Sangha President CEO - 9% |
|
55% of the issued and outstanding stock is owned by either Tanzanian private corporations or individuals who have been the property vendors to Douglas Lake. |
I think I had read on the DougLake site that Chinese had 20% ownership. So it's feasible to think China can and will take a bigger stake, but I don't think the Tanzanian interests would go for a total take out.
To Des: Not to worry my friend, I'm not worried nor selling my shares- just musing while watching the paint dry. ;-)