Arthur,Agreed that the picture will still be somewhat blurred...

Arthur,

Agreed that the picture will still be somewhat blurred till June when the 82% Biogold acquisition is supposed to be signed.

There are quite a few foreign companies searching for gold and other metals, WMC was mentioned in the MSX study thread, there are several Canadian registered companies there and OXR has also arrived.

A major reason for them being there is that the Chinese exploration and mining laws have been revamped.

Obviously, people would have been in China for some time to show their credentials and get the Chinese contacts sorted out.

MIC is a longer term investment, I would think and here is some info:

http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=75301#199085

Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.