Profiles on TNRO, I got the alert via their free newsletters
Fiscal Year End
TNRO management profile: http://www.tnr-corp.com/english/about/managementdirectors.htm
[b]Terra Nostra Videos:
Touring the Production Facilities
This Company has a modern stainless steel production facility situated in the Zibo City High Tech Zone. The 230,000 Metric Tonne (MT) casting mill was officially opened in 2006. Production trial runs have been very positive, with all three electric arc furnaces, two AOD furnaces and casting line presently producing according to the mill ramp-up schedule. Testing has now also been completed for a new 150,000 MT strip line. The Company is currently selling the stainless steel billets produced to factories throughout China, as well as using the billets as feedstock for the strip line as production volumes ramp up.
Emerging as a leading copper producer in China with existing and under construction production capacity of 170,000 MT of electrolytic copper, utilizing an optimized ratio of scrap copper and copper concentrate for raw material, as well as value-added production of copper wire and oxygen-free copper rods. The Company also efficiently produces bullion-quality gold and silver as a manufacturing by-product. In addition, the Company has negotiated sufficient scrap sources to supply current production and is sourcing available scrap materials for present and future raw material requirements, both from China and globally.
Terra Nostra Resources Corporation (OTCBB:TNRO) owns a 51% interest in two Chinese joint venture companies in the strategic copper and stainless steel industries.
TNRO's joint ventures, Shandong Jinpeng Metallurgical Co. (Jinpeng Copper) and Shandong Quanxin Stainless Steel Co. (Quanxin Stainless Steel), have production facilities strategically located in coastal Shandong Province between Beijing and Shanghai. Shandong Province is the second largest industrial base in China, after Guangdong. Shandong has an extensive coastal area, with 26 large and small ports providing a cargo handling capacity of over 100 million tons per year.
Note: Demand in China for both copper and stainless steel cannot be met by existing domestic production
Initial focus on domestic market while selectively exploring overseas markets
Pursue accretive acquisition and expansion opportunities in China’s copper and stainless steel industries
Move to production of higher value-added products, and market flexibility
Optimize processes through investment in advanced production technologies
INVESTMENT CONSIDERATIONS TNRO is well positioned to become one of the 10 largest electrolytic copper producers in China and presently operates the 2nd largest and most modern stainless steel mill in Shandong Province, population 94 million.
The company also benefits from:
■ Experienced management team
■ International grade products
■ Extensive scrap network – secure and controlled cost
■ Rapidly growing market demand
■ Efficient, modern, low-cost production, no legacy SOE
■ Potential for further acquisitions
■ High potential returns and low projected P/E multiple
■ Significant tax incentives through 2010
■ Undervalued asset
■ Base metals have outperformed both the S&P 500 and the Dow Jones over the past three year
Terra Nostra is one of the leading copper producers in China through its 51 percent interest in Shandong Terra Nostra Jinpeng Metallurgical Co., Ltd., which has an existing and under construction production capacity of 170,000 MT (metric tons) of electrolytic copper, 20,000 MT of low-oxygen copper, and value-added copper rod and wire facilities. Terra Nostra is also emerging as a leading stainless steel producer in China through its 51 percent interest in Shandong Quanxin Stainless Steel Co., Ltd., a modern stainless steel production facility that commenced operations in early 2006 with a now expanded 230,000 MT casting mill, and a recently commissioned 150,000 MT rolling mill. The two joint venture companies, which Terra Nostra recently entered into an agreement to increase its ownership up to 90%, with total assets exceeding US$200 million and over 1000 employees, are located in the highly industrialized coastal province of Shandong, midway between Beijing and Shanghai.
More information on Terra Nostra can be found at http://www.tnr-corp.com.
ADDITIONAL INFORMATION AND WEBSITES
Support & Resistance Levels--->http://investorshub.advfn.com/boards/read_msg.asp?message_id=23271231
"Areas" to Take Profit--->http://investorshub.advfn.com/boards/read_msg.asp?message_id=22322961
High Probability Trade Set Up--->http://www.investorshub.com/boards/read_msg.asp?message_id=17945858
5 Day Rule--->http://investorshub.advfn.com/boards/read_msg.asp?message_id=23509801
Trendline Break + 50% Hold--->http://investorshub.advfn.com/boards/read_msg.asp?message_id=21962829
"The Pincher"---> http://investorshub.advfn.com/boards/read_msg.asp?message_id=22560213
Da Tarheel Method by Tarheel-Blue --->http://investorshub.advfn.com/boards/read_msg.asp?message_id=22183690
Lesson in Buying by Tarheel-Blue --->http://investorshub.advfn.com/boards/read_msg.asp?message_id=22196127