HIG 0.00% 10.5¢ highlands pacific limited

buyers building, now might be the time to buy, page-2

  1. 394 Posts.
    two conflicting views.......oh well I guess tomorrow will tell.....

    http://www.smh.com.au/articles/2004/02/08/1076175033027.html
    If all goes to plan in Beijing today, PNG will pull off an international coup. China Metallurgical Construction Corp will sign an agreement to invest 2 billion kina ($810 million) for a controlling share in Highlands Pacific's Ramu River nickel and cobalt deposit in PNG's Madang province. Forty years of production will be presold to feed China's insatiable steel and iron mills.


    http://sg.biz.yahoo.com/040205/15/3hs0b.html
    Press reports earlier this week in Australia and Papua New Guinea first named CMCC as Ramu's buyer and said the prime minister of Papua New Guinea would be in Beijing Feb. 10 for a signing ceremony.
 
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