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CtrlAltDel   Monday, 05/11/09 03:25:32 PM
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http://www.themoneyblogs.com/trading/underground-trading/mcio-shakeout-opportunity-and-update.html


This line is very significant. It pretty much confirms the possibility of an acquisition interest from China. Why is China so significant? In case you haven’t paid attention, China has over $2 trillion (US dollar) in surplus reserves. They have been buying up natural material resources all over the world in an effort to accumulate tangible assets aside from American treasury bills (which they already own over $1 trillion worth). I’ve stressed the superior efficiency of natural sapphire in the industrial applications from semi conductors, solar cells, lasers and LCDs. This was notably pointed out as well in the press release and highlights of the white paper research MineCore commissioned. MineCore is not only an attractive target for a pure sapphire play (15,000 hectares of sapphire bearing properties), they are the ONLY publicly traded target. This should put a halo effect of the possibility of acquisition as the lotto ticket portion of the play.

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