posted
Watch out for TNRO...gaining real good momentum. They operates as a copper and stainless steel company in China...also owns a 51% joint venture interest in Shandong Terra Nostra Jinpeng Metallurgical Co., Ltd., which manufactures and sells copper. i am in for a gr8 run.
Posts: 1 | Registered: Dec 2006
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posted
Almost 200 million assets with 111 million six month revenue, this stock looks good does anyone know what kind of growth they have acheived I see they are looking for 1 billion in revenue by 2008!!!!!!!!!!!!!!!
"The most recent financial statements dated November 30, 2006 show cash of $34,727,127, assets of $181,191,554, and six month revenues at $111,962,015.
-------------------- Love 'em or Leave 'em either way I already did it. Posts: 801 | Registered: Jul 2006
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TNRO back to 2.20 anyone see the news yesterday
China Refined Copper Imports Jump 148% in March 2007 in Response to Strong Market Demand May 9, 2007 5:18:00 PM
LOS ANGELES, May 9 /PRNewswire-FirstCall/ -- China's General Administrator of Customs reported imports of refined copper totaling 202,995 Metric Tons (MT) for March 2007. This represented a year on year increase of 148% compared to the same period last year, and illustrates the strong demand for copper in China. Refined copper exports totaled 3,094 MT in March 2007, for a year on year decline of 92.60%.
Demand for copper in China remains very strong amidst government efforts to curtail exports of this important non ferrous metal. China's industrial requirement for copper has prompted more importation and greater controls on exports, as this strategic commodity is a crucial component of one of the world's most dynamic economies. Terra Nostra Resources Corporation's CEO, Mr. Sun Liu James Po states, "The demand for copper in China is continuing to grow in tandem with its strong economic development. Local manufacturers and importers have a large gap to fill in order to feed China's appetite for copper as a part of its ongoing industrialization, particularly for the next few years."
Terra Nostra, through its subsidiary Shandong Terra Nostra Jinpeng Metallurgical Co. Ltd, a producer of electrolytic copper, is well positioned to benefit from these trends by being able to respond to this demand as a well established supplier situated in a key industrial region of China.
About Terra Nostra Resources Corporation
Terra Nostra is one of the leading copper producers in China through its 51 percent interest in Shandong Terra Nostra Jinpeng Metallurgical Co., Ltd., which has an existing and under construction production capacity of 170,000 MT (metric tons) of electrolytic copper, 20,000 MT of low-oxygen copper, and value-added copper rod and wire facilities. Terra Nostra is also emerging as a leading stainless steel producer in China through its 51 percent interest in Shandong Quanxin Stainless Steel Co., Ltd., a modern stainless steel production facility that commenced operations in early 2006 with a now expanded 230,000 MT casting mill, and a recently commissioned 150,000 MT rolling mill. The two joint venture companies, which Terra Nostra recently entered into an agreement to increase its ownership up to 90%, with total assets exceeding US$200 million and over 1000 employees, are located in the highly industrialized coastal province of Shandong, midway between Beijing and Shanghai. More information on Terra Nostra can be found at http://www.tnr-corp.com.
Forward Looking Statements
-------------------- Love 'em or Leave 'em either way I already did it. Posts: 801 | Registered: Jul 2006
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posted
the china problem with expansion in their sectors is really drawing attention from all over the globe, if TNRO has the resources to grab the bull by the horns and it looks like they do - all bets are off
Posts: 143 | From: Florida | Registered: Jun 2006
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thats what a 300% gain? lol. Not going to start wishing big just yet but it raises my eyebrows, cant pass up on that, plus the company discloses everything to the public unlike a pink sheet company
Posts: 143 | From: Florida | Registered: Jun 2006
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trading strong today -> news on the 30 MIL contract must be getting out to some people
Posts: 143 | From: Florida | Registered: Jun 2006
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after this contract for TNRO going through and seeing them get in their foot in the door with the market over there we should see plenty of good things to come from this company
Posts: 143 | From: Florida | Registered: Jun 2006
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