Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: Eagle who wrote (30408)	6/29/2006 10:07:24 AM
From: Bucky Katt	Respond to of 48461

Do you know how Russia got it's name? The Swedish branch of the Viking family tree (called the Rus) settled in eastern Europe and Russia was named for them...

To: Eagle who wrote (30408)	8/30/2006 10:50:25 AM
From: Bucky Katt	Read Replies (2) \| Respond to of 48461

Russia is to create the world's market leader in aluminium with an estimated worth of $30 billion, as the country's leading aluminium firm, RUSAL, plans to take over its main competitor SUAL and the aluminium assets of Glencore. A source close to the deal told Reuters on Wednesday: "The new company will be the world's number one aluminium producer with output of four million tonnes per year, and also the top alumina producer with output of 11 million tonnes." Completion of the takeover would crown RUSAL's 38-year-old owner, Oleg Deripaska, as Russia's undisputed aluminium king. Well connected Deripaska is Russia's sixth-richest man with a fortune estimated at $9 billion by Forbes magazine and is related by marriage to Boris Yeltsin, the former president of Russia. He met Vladimir Putin, the Russian president, for talks this month and is likely to have received Putin's blessing for the aluminium deal. The new company would be listed on the London Stock Exchange within three years under a non-binding agreement which was signed by the three parties last Friday, a source close to the deal indicated. "Russian strategic sectors, represented by mammoth companies that are leaders in their industries, are asserting themselves on the world stage. This shouldn't be surprising, given Russia's great wealth and natural resources" Bob Foresman, deputy chairman of Renaissance Capital Banking sources told Reuters that UBS and JP Morgan were advising on the deal. Both investment banks declined to comment.