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Re: Drexion2004 post# 1660

Monday, 11/30/2009 4:49:43 AM

Monday, November 30, 2009 4:49:43 AM

Post# of 2230
Ok, I understand - I'll guess that the full Jianhe acquisition will take $81 Million ish.

I get the impression that the 8 mine consolidation, after the last PR, is still being negotiated - so it sounds like Jianhe is a good hedge against protracted negotiation - assuming approval.

I can't think why the government wouldn't approve Jianhe? I think I will buy more PUDA if they get government approval; which is probably what everyone else will do smile or $4 and change... either really.

rich