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Re: cyclone101 post# 53

Thursday, 06/30/2011 8:53:15 AM

Thursday, June 30, 2011 8:53:15 AM

Post# of 1842
IF TRKP can capture a small percent of their market that wowuld be fantastic for shareholders..



The Turkish mining sector achieved a remarkable CAGR of 32.1 percent between 2002 and 2008, with revenues that rose from USD 1.9 billion in 2002 to USD 10.2 billion in 2008. There was a modest decline to USD 9.2 billion in 2009. The sector’s share in Turkey’s GDP ranged between 1 and 1.5 percent, reaching a 4.2 – 4.9 percent1 share in the total industry during the past five years. These figures are low compared with the sector’s importance; however, with the recovering economy and the increasing capacity of the manufacturing industry, together with the implementation of advanced mining technologies, the sector is likely to grow further.

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