:-) I just need a more realistic news from a credible sources like the one posted by Mr JD. It is true for that time (March 2007) when Inco still owned by the Canadian Company. Whether the news still applicable for the time being after the Canadian stake were formally transferred to the Brazillian Company? We need more clarification on these. Before it cleared up, we could not do anything and the Inco share price will be highly dependent on the world nickel price that currently trending down (stock increasing?). I didn't comment on the share price, though. I just comment on the fact in the news. Safe trading and investing.. $%<)))-^)<))) :-)
On 8/2/07, Shamjul <[EMAIL PROTECTED]> wrote: > > You must have just cut loss INCO ? > > > > ----- Original Message ----- > *From:* Bettina Tan <[EMAIL PROTECTED]> > *To:* obrolan-bandar@yahoogroups.com > *Sent:* Thursday, August 02, 2007 8:27 PM > *Subject:* Re: [obrolan-bandar] Inco Unit to Build 2 New Nickel Plants > > > > Be careful guys.. many of the fact in this news are not correct. > > Canadian [Brazillian] nickel miner Inco Ltd.'s [CVRD Inco] Indonesia unit > plans to build two new nickel plants on Sulawesi island at a cost of $2.5 > billion, an Indonesia executive said Thursday [Who the hell is he?]. "We > expect to start building the plants next year in an effort to increase our > nickel output to 300 million pounds by 2016," said Arif Siregar, chief > executive of PT International Nickel Indonesia, or PT Inco. [In what > occasion, where, when did he say that? Is this another shit or what, even > Karebbe Dam has not been finished yet, pulverized coal project has just been > in feasibility studies for years! Pomalaa concession is in problem and > possible to be taken back by RI government, Bahodopi concession are also the > same, leeching technology, they call it HPAL has not been completed. Another > 2 plants? I do not believe it] The Indonesian company's nickel output this > year is expected to be 165 million pounds [stagnan output with decreasing > price of nickel? This year profit expected to be lower than last year.. ] . > Arif said PT Inco, 61 [72 if I am not mistaken] percent owned by its > Canadian [Brazilian] parent, will launch an engineering study in September > to decide the financing structure for the development of the plants. [What > could I say then.. it is bullshit] > > > On 8/2/07, Eka Suwandana <[EMAIL PROTECTED]> wrote: > > > > *Wah wah wah saham ini bisa buat anak cucu juga!* > > ** > > ** > > *Inco Unit to Build 2 New Nickel Plants* > > Thursday August 2, 4:24 am ET > > Indonesian Unit of Inco to Build 2 New Nickel Plants on Sulawesi > > Island for $2.5 Billion JAKARTA, Indonesia (AP) -- Canadian nickel miner > > Inco Ltd.'s Indonesia unit plans to build two new nickel plants on Sulawesi > > island at a cost of $2.5 billion, an Indonesia executive said Thursday. "We > > expect to start building the plants next year in an effort to increase our > > nickel output to 300 million pounds by 2016," said Arif Siregar, chief > > executive of PT International Nickel Indonesia, or PT Inco. The > > Indonesian company's nickel output this year is expected to be 165 million > > pounds. Arif said PT Inco, 61 percent owned by its Canadian parent, will > > launch an engineering study in September to decide the financing structure > > for the development of the plants. > > > > > >
