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Commodities Trading: Why so many Chinese in Toronto?

Posted March 12, 2008

"They were all taking it very seriously indeed – hanging on to the every word of every speaker and scribbling away in their notebooks. So what were the noteworthy remarks the Chinese were jotting down?" — Dominic Frisby

by Dominic Frisby

Baltimore and London – (TFN):  I’ve just come back from one of the most important mining conferences of the year, the PDAC (Prospectors and Developers Conference of Canada) in Toronto.

There were all sorts of things going on there, and in this week’s issue of MoneyWeek (out on Friday) I’ve written about the one theme I reckon could make you rich over the next 12 months.  But another very interesting thing was the number of Chinese delegates.

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There are always a few, but this year there were more than ever before. And they were all taking it very seriously indeed – hanging on to the every word of every speaker and scribbling away in their notebooks. So what were the noteworthy remarks the Chinese were jotting down?

Commodities Trading: Chinese notes

During one of many talks on gold, I found myself sitting next to a big wig from the Chinese Ministry of Land and Resources. Using a technique well honed in my school days (when sitting next to a school mate called James Harding who is so clever he is now editor of the Times at only 39), I read his notes over his shoulder. He was, rather impressively, I thought, writing in English. Read on to learn why the Chinese are so interested in Canadian mining and how you can profit from it.

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