questionable motives

Curiously,a share holder who suggests we should sell into any Han Long bids and belittles Sundance resources with 1000 + down ramping posts and the latest as “Get real….Small explorers don't have 1b market cap either pre production”.

It is only fair to ask what is the motive notwithstanding the big porky pie about a 1-on-1 private conversation with the Chairman that has now been forgotten to the mega fortune made in shorting a stock where one has made NO postings on HC ever. Figure that.

China reason in acquiring SDL (they aren’t even disguising it) in Chinese words have been to break the stranglehold of the IO cartel and to solve their long-term problem in pricing and supply to using SDL as the platform to become the 4TH FORCE in global IO. Yet, one accuses Matty for "making up" about this cartel ???

http://www.smh.com.au/business/swans-beijing-bind-20110802-1i9t5.html?skin=text-only

Liu Han told China Business Times that the powerful NDRC had confirmed its support for Hanlong's overseas development. Mr Liu said ''money is fundamentally not a problem'' thanks to funding from several sources, including the Export Import Bank, and that he would be prepared to on-sell shares to other domestic companies if his bid succeeds. He said Hanlong aimed to ''SOLVE THE LONG-TERM DEMAND AND SUPPLY PROBLEM IN THE IRON-ORE MARKET'' and thereby stem what he said was $70-80 billion in annual losses that are flowing to the three iron ore giants, Vale, Rio Tinto and BHP Billiton.


http://newsstore.smh.com.au/apps/viewDocument.ac;jsessionid=F363530657ACE40CADFE8053E8BE8B5D?sy=afr&pb=all_ffx&dt=selectRange&dr=1month&so=relevance&sf=text&sf=headline&rc=10&rm=200&sp=brs&cls=21374&clsPage=1&docID=SMH1109159L6N97JF109

Mr Liu wrapped himself in the rhetoric of national interest - giving China "a say" in iron ore pricing


http://www.reuters.com/article/2011/08/18/us-china-ironore-analysis-idUSTRE77H36O20110818

Beijing has stepped up its campaign to break that dependence by investing in mining projects in places such as west Africa, where it has agreed on a spate of joint ventures and is seeking other deals, including a proposal to swallow a whole company.

These projects could produce up to nearly 250 million tons of ore annually in the medium to long term.

"China currently owns less than 10 percent of imported iron ore. We should seek 50 percent of ore from Chinese-invested overseas resources in the next five to 10 years," Li Xinchuang, deputy secretary-general of China Iron Steel Association, told China Daily in July.

Li said China would be able to break the hold of Rio, Vale and BHP on supply and pricing only if it can source half its overseas ore from Chinese-invested mines.


http://www.chinadaily.com.cn/cndy/2011-07/19/content_12929639.htm

It also said it aims to become a "fourth force" in Australian iron ore mining, to rival Rio Tinto Plc, BHP Billiton and Fortescue Metals Group Ltd