The Corporation sets clear objectives on how to source high quality mineral properties. These are presented to potential purchasers of strategic minerals and joint venture partners.

MINERAL EXPLORATIONISTS

We recognize that low-cost producers of products such as China have been able to develop large-scale infrastructures and support the development of the emerging middle class through expansion of manufacturing centers.

Spikes in demand for products around the world from low cost manufacturers such as China and India created the recent shortage of supply of minerals such as iron ore.

PRODUCERS

Wild swings in commodity prices have offered opportunities for mineral explorationists and producers. There were corresponding difficulties for industrial consumers and product manufacturers.

Long term goals of managed economies like that of China and their large state owned enterprises would be better capable of controlling price instabilities through acquisitions of mineral properties. Control of costs by mineral acquisitions is part of their plan.

PROCESSORS

Divestitures have occurred as companies around the world consolidate in response to economic contractions and scarcity of financing options.

Acquisition and divestiture cycles are part of corporate life when rationalizing core assets. Long term planning, commensurate with future expectations, is part of developing economies with large population bases. This means that properly financed corporate entities in those centers have an opportunity to acquire strategic minerals at a low in the economic cycle. This is the time when companies look at trimming property inventories and smaller explorationists divest themselves of non-core assets.