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01.09.2010, 16:42

Russian state won’t step into Norisk Nickel row

Russia’s government will remain neutral in the Norilsk Nickel dispute, with the company itself expressing doubts about Rusal’s credibility.

Norilsk Nickel board unchanged as Rusal continues to push

Published: 22 October, 2010, 12:46
Edited: 25 October, 2010, 16:42


Norilsk Nickel shareholders voted against a Rusal led proposal to change the board of directors, at an extraordinary general meeting in Moscow.

 
1 COMMENT
sj October 25, 2010, 14:44 quote
0

I am a shareholder. I voted against Rusal. I beg to differ with Rusal person interviewed by RT..It "is" a fight between two Oligarchs. And lets remember these USSR Oligarchs bought state owned valuable core mineral assets for almost nothing through insider trading and down right thief! Norilsk Nickel is more interested in steady growth and good healthy balance sheet [cash] in a time where global economy that the US Oligarchy almost completely destroyed and still trying will "not" effect Norilsk Nickel negativity. Russian commodities oil, etc. kept rainy day fund under "Putin" growing [remember that in 2012] he made sure RF paid off its IMF loan early AND kept gold backing all RF paper money. P.S. Don't be fooled US currency is OVER valued not under.US stopped backing its currency in 1970s. Its worthless paper backed only by a huge "debt" so large it will never be paid off. US is floated cash wise by China-Japan if they stopped loaning US money it would "officially" be bankrupt! China-Japan hold so much USD's they can't allow US to fall any further BUT slower! Tim Gitner US Secretary of Treasure is balled face liar-bully.NO currency wars now BUT wait until US Oligarchs pulls another world wide crash.Credit Card debt! US middle class will be reduced to lower class. Only Oligarchs will have money WE have seen this picture before and we will see it again IT will be very ugly,brutal.The have nothings will kill the Oligarchs again!.

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