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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who wrote (2530)10/27/2003 5:25:59 PM
From: Steve C.  Read Replies (1) of 108650
 
Calandra and IVAN

From Calandra's column in MarketWatch today. Full article link follows.

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As for China, this is where Ivanhoe's Martin, along with the team at Sunwing in Beijing, are cooking with gas. "People will see these numbers on natural gas that we put up in the next few days, trillions and trillions of cubic feet of it in these locations where we have exclusive rights in China, but they don't know what it means to us as a company, and I have to fix that. People are going to be pleasantly surprised on the impact all of this will have on our cash flow," (David Martin) tells me.

"You know, if there was news of a 1 trillion cubic foot field of natural gas in the United States, it would make front-page headlines in the newspapers. And we're talking 5 trillion cubic feet or more."
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cbs.marketwatch.com{4AE82D11-14E9-409B-8237-56A25A13A3DA}&siteid=mktw&dist=nbs
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