The Big PicturePresidential visit to MagMinerals Potasses Congo future plant site
On Thursday October 22, 2009, the President of the Republic of Congo, His Excellency Mr. Denis Sassou Nguesso visited the planned site for MagMinerals' future potash plant near Mengo. At a ceremony attended by approximately 100 distinguished dignitaries, President Nguesso put the ceremonial first stone into place.
So, his Excellency, Mr. Denis Sassou Nguesso, Lays the cornor stone of this project publicly, and then sino-hydro pulls out or screws around with MagInd. and his 2 million shares in the project. Alright let`s assume this is what is happening. At the same time of all this happening, sino-hydro is spending 5 billion in the RDC to recover copper, zinc, and lead out of a high grade deposit. So they continue on with that project, screw Mag on all the hydro projects at the same time and do it themselves and we are high and dry.
And then they call up his Excellency, after screwing him around royally, to see what the toll fee`s are going to be at the pointe-noir port to load and transport sino-hydro`s new riches of copper, zinc, and lead. What do you think he will say.After they have smeared his face in SHI). He has alot more power than we con comprehend. He has pull in the RDC, He is the ROC, and the most important thing in this puzzle is that he wants the project to move forward. That`s the way it is in this part of the world, weather we, mag, or sino- hydro likes it or not. It is his rules, not our or SH`s. Plain and simple. If anyone see`s it differently, other than being emotionally disappointed, fed up, worked over, stand up for yourself, enough is enuogh, etc. It is time to add cheap shares to my possition......................period!!
CHIP OFF THE OLD BLOCK!!!!!!!!!!!!!
P.S. If you are selling please let me know on my inbox, and we can do a deal from broker to broker. I will be happy to buy any big blocks!!!!!!!!!!!!!!!!