hunnu coal transaction

Fellow Huns, here is my take on the coming coal
transaction, may be right, may be completely
off the mark, but hey, it's fun to speculate anyway.

I have not heard any rumours, so this trading halt is
intriguing.

My bet though is that they have secured an agreement with
one of China's biggest iron and steel companies.

River steel, Hebei Steel and Wuhan Steel, and a couple of
other significant Chinese steel makers have stated in
February that they are looking for Mongolian Coal.

River Steel more significantly said they are specifically
searching for INVESTMENT and DEVELOPMENT Coal Projects in
Mongolia.

Here is the translation from the Chinese Sina Finance on
March 1st (see paragraph 4).

http://translate.google.com.au/translate?hl=en&sl=zh-CN&u=http://info.cm.hc360.com/2010/03/020831165853.shtml&ei=ZnaMS7zTEYyOkQXf0qQk&sa=X&oi=translate&ct=result&resnum=5&ved=0CEsQ7gEwBA&prev=/search%3Fq%3D%2522aurox%2Bresources%2522%26hl%3Den%26client%3Dfirefox-a%26hs%3DRex%26sa%3DX%26tbo%3D1%26rls%3Dorg.mozilla:en-GB:official%26tbs%3Dqdr:d

After coming across this on it's release in the March 1
issue, I contacted Hunnu and made them aware of the
article and of River Steel's intentions, though I am sure
they would have already been in contact with all of these
Steel companies and probably in discussions with some of
them for some time.

Looking forward to Monday's news.

Hunnu could be in for a big run up next week.

Gw

There are two things I know of that are infinite; the
universe, and human stupidity. And I am not sure about the
universe.
(Albert Einstein)