Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Noranda for Sale

China's Minmetals has a bid in for Noranda. There is all sorts of controversy and speculation about the sale of Canada's largest mining company. I have an article that was intended to respond to the people critcizing the deal based on human rights issues. If you are genuinely concerned about human rights check out www.amnestyinternational.org and see how your place of residence is doing.

Noranda Chart

Human rights opinions are not helpful in market speculation so I have also included a chart. Rather than agonize over whether a higher bid appears, I would probably sell and buy a company involved in uranium, silver or gold.

Not Advice

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