Hi Jon
I saw you have made a move to igne! The chart has just become active lately. My greatest hopes for success in the igne story and most in your success. Knowing about salmon only from reading on the thread, it was on my mind. So last night coming home from work, Canadian news said there were on going "Salmon talks". It got my interest, so I searched Salmon Talks and got things like this ...that let me know you are thinking ...("tick" "tick" "tick") ..Jon style! -With the reason of experience behind the risk of your good prospecting nature.
This article helped me understand:
--------------------------------------- Friday January 9 1:56 PM EST
U.S. Rules Against Chile on Salmon Dumping
WASHINGTON (Reuters) - Two companies from Chile, the biggest foreign supplier of fresh salmon to U.S. restaurants and supermarkets, have been dumping salmon at cheap prices in the U.S. market, the U.S. Commerce Department said in a preliminary ruling Friday.
Chile has bitterly fought the dumping claim by U.S. salmon producers, insisting that its producers offer lower prices because the industry is highly efficient and the country produces most of the fishmeal that local salmon farms need. In 1997 Chile exported some $177 million worth of salmon to the United States.
In its preliminary ruling, the United States found Aguas Claras and Eicosal, two of five accused Chilean companies, were dumping salmon in the U.S. market at rates of 3 percent to 8 percent below fair market values.
The other three firms -- Mares Australes, Marine Harvest and Camanchaca -- were found to be selling salmon at prices only slightly below fair market value that did not constitute dumping.
A spokesman for the Commerce Department said U.S. officials would travel to Chile in February to verify the accuracy of the information submitted by Chilean salmon farmers. The United States will make a final ruling in late May on the dumping claim brought by salmon producers in Washington and Maine.
If the Chilean companies are found to be selling product at below-cost, the International Trade Commission could impose penalties and duties. A similar step was taken against Norway, the world's largest salmon producer, which lost much of its share of the U.S. market due to tariffs imposed after the ITC ruled against Norway in 1991.
-----------------------------------(end) Late May is mentioned in the article. That time is almost here. There are many such articles. Jon, Being from Norway, perhaps you know how a Salmon farm works. Do they harvest when their fish return to breed, etc.. and when might they use the igne product ..at beginning or end of life? (life of the "fish" I mean! :=)
Well, You and the rest of this new thread seem to be on to something very interesting. The color of an expensive food. Signs from court cases "that somebody (igne) may be on target". And also producing their good economically in Mexico. And this is inside a larger story about the concerns of Salmon Farmers, international Salmon trade and even the "Salmon Talks" I herd about on the radio last night.
The "Talks" are about U.S. (including Alaska) and Canada both competing harvesting Salmon. There appear to be great concerns which might add to the overall story that IGNE fits into. And its customers, the Salmon Farmers.
Color is important to all buyers of Salmon.
Please notice: I am only an outsider. But "Fingers Crossed" that recognition of IGENE (Igen-bb) will spread quickly and all here have found the beginning of a successful run. Only time will tell.
My best wishes for all Dave |