vale?
my gut feeling is john stepped down because both sinchao and invicta are very close to becoming full time 24/7 operational plus concerns. Your guess is as good as mine but i notice he is still involved with his other mining exploration company.. You can count the available major copper projects in peru on the fingers of one hand. I can't believe vale has not approached sinchao for a looksee... Notice how the sinchao collateral is increasing almost daily for AAg... the market is just waiting for a sign of life and the rush to acquire sinchao shares will begin in earnest. I hope it happens on johns watch. He served the shareholders very well as far as I'm concerned. Good luck to you John. Your efforts to build AAg and smz are much appreciated...
Vale Aiming to Produce 1 Million Tons Copper by 2015 to Diversify Sales
Vale SA, the world’s largest iron-ore producer, is aiming to boost copper output more than fivefold by 2015 as it seeks to diversify sales and catch up with rivals such as Codelco SA and Freeport-McMoRan Copper & Gold Inc.
The company wants to accelerate its copper projects to be among the world’s top five or six producers, Tito Martins, head of Vale’s basic materials operations, said today at an event near Salamanca, Chile. Vale is analyzing three or four projects in Chile, Peru and Brazil’s Carajas region and may also explore for copper in Indonesia and the Philippines, he said.