Comments on: China Continues to Buy-Up Canada FT.TO http://investingincanada.info/2009/12/china-continues-to-buy-up-canada-ft-to.html Canadian Stock Talk Fri, 07 May 2010 12:34:09 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: The Financial Blogger http://investingincanada.info/2009/12/china-continues-to-buy-up-canada-ft-to.html/comment-page-1#comment-187 The Financial Blogger Wed, 09 Dec 2009 16:32:21 +0000 http://investingincanada.info/?p=262#comment-187 After seeing US companies buying ours, it's now time to Chinese to do the same thing :-( After seeing US companies buying ours, it’s now time to Chinese to do the same thing :-(

]]> By: Nairn http://investingincanada.info/2009/12/china-continues-to-buy-up-canada-ft-to.html/comment-page-1#comment-185 Nairn Wed, 09 Dec 2009 15:34:00 +0000 http://investingincanada.info/?p=262#comment-185 In addition to the new policy of the Saskatchewan Government I think there maybe another significant aspect to recent news releases of Fortune that might merit a mention. Read the two releases dated December 3rd that can be found by looking at the "news" related to Fortune Minerals on the TSX website In the news release of 9:42 AM FT announces a $17,25 million Public Offering. In the news release of 10:15 AM the China Mining Resources Group announces the acquisition of 9.1 MIllion units of FT. To me, it would appear some kind of a sweetheart deal was entered into here that denied over one third of the FT's public offering ever reaching the retail clients of the underwriters. ??????????????????? In addition to the new policy of the Saskatchewan Government I think
there maybe another significant aspect to recent news releases of
Fortune that might merit a mention.

Read the two releases dated December 3rd that can be found by looking
at the “news” related to Fortune Minerals on the TSX website

In the news release of 9:42 AM FT announces a $17,25 million Public Offering.

In the news release of 10:15 AM the China Mining Resources Group announces
the acquisition of 9.1 MIllion units of FT.

To me, it would appear some kind of a sweetheart deal was entered into
here that denied over one third of the FT’s public offering ever
reaching the retail clients of the underwriters.

???????????????????

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