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North American Palladium Ltd. Message Board

  • pacenet_2000 pacenet_2000 Mar 7, 2013 7:52 PM Flag

    So they invested in 284 mining companies. How come not PAL????

    Maybe they have. Maybe PAL is next. Story below:
    From Mining Weekly:
    The year 2011 saw a staggering increase in Chinese mining investments in Africa. Whereas these had totalled some $1.5-billion at the end of 2010, by the conclusion of 2011 the figure had rocketed to $15.6-billion. Africa has become the site of almost 75% of Chinese foreign mining investment. The China Mining Association (CMA) reported that, worldwide, Chinese companies invested in 284 mining companies during 2011. These figures exclude the oil and gas sector.

    Sentiment: Buy

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