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Re: Liu Kang post# 137186

Sunday, 03/13/2011 11:41:52 PM

Sunday, March 13, 2011 11:41:52 PM

Post# of 232991
Last Year GIANT VALE came very close to passing BHP for the TOP DOG!
Number 1 VALE NET PROFITS 17.3 billion dollars last year,

WHILE BHP POSTED HALF YEAR NET PROFITS OF 10.52 billion.

If you were to double BHP'S half year profits equaling 21 billion net profits and compare to VALES 17.3 net profits, one could "almost" be able to state KAT has a J.V. Option Agreement with the largest mining company in the world on the two properties known as the North and South Lucky Property's . . . "almost" . . . lol

Vale announced industry record net profits of 17.3 billion dollars last year, more than tripling 2009's figures. We are living through our best days, "Vale's chief executive Roger Agnelli said in the company statement."

(( And of course I love this part )) "However, given the {{ size and quality of our pipeline of growth projects }} amid a scenario of sustained global demand growth for our products, I strongly believe that even better days are ahead of us," he added."

http://www.bangkokpost.com/news/world/223535/brazil-vale-reports-record-mining-sector-profits