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To: gg cox who wrote (56220)	11/21/2004 7:51:28 PM
From: Taikun	Read Replies (1) \| Respond to of 74559

gg <If Canadians do not recognize the value of Noranda and bid it up.. it should go to highest bidder..China or whoever.> As long as the highest bidder is a transparent company run with good corporate governance. I suppose if the highest bidder were the following it is OK with you? the US DoD who wants the materials exclusively for Military purposes. N. Korea's Kim who will transplant workers from the country to work Noranda's mines * a consortium of Afghan warlords recycling their opium trade profits. You fail to recognize that a company like MinMetals is centrally directed (ie run by China's gov't and politicians) and has access to cheap capital. In that sense it is at an advantage to other corporations that pay taxes, borrow at market rates, that do not benefit from preferred access to markets for their goods. I cannot believe you think MinMetals is on equal footing with, say, Phelps Dodge. How can Canadians bid up Noranda when the same Canadians cannot sell Noranda's output to MinMetals Chinese customers because MinMetals is the state provider! Noranda has a price on the open market, the stock price, for other companies on the open market. MinMetals is protected, therefore special. It gets a 'special' price. Definition of fairness: could Noranda buy MinMetals? David

To: gg cox who wrote (56220)	11/22/2004 12:12:24 PM
From: RealMuLan	Read Replies (1) \| Respond to of 74559

>>former prime minister Cretien << Maybe he just wanted some retreat after he retired from his prime minister position<g> He is now officially setting up his company in Shanghai.