Post by
RatPatrol on Oct 17, 2022 2:52pm
BHP's CHINESE EXPOSURE
BHP's rcent announcements to walk away from high grade deposits in safe jurisdictions with liberal democracies - Oz in Australia and Noront in Canada - has jaded small shareholders from owning BHP shares.
BUT - according to MIKE HENRY.......
Such deposits ARE EVERYWHERE !!!!!!!!!
Like liquor stores, I guess, one on every street corner.
Furthermore, in an effort to put some large ($$$$$) behind such naivete, he and his board
IGNORE LESSONS FROM THE PAST
To pour cash into central Africa where Chinese are building (and owning in some cases)
Railroad and port monopolies.
THE VERY SAME MAY HAPPEN AT CASCABEL !!!
SolGold's product needs a railroad and a port.
Chinese are altogether willing to FINANCE these
BUT
Are unequipped to build such facilities.
The end of this story is that Chinese owned infrasture will CHARGE such high freight rates as to make SolGold unprofitable.
Note To Mike Henry
It's time to get along with small shareholders - DON'T LEAVE US BEHIND -
OR
BHP will become hostage to China.
We C............................
JMHO DYODD