new developments soon, page-6

I am not sure which article I like the most.

First stating the following regarding a bid for RIV

'Steel Authority chairman C.S. Verma confirmed to the newspaper that a proposal had been placed with International Coal Ventures'
http://www.miningreview.com/node/18899

Second which has the following title
"China and India to increase coal imports by 78%"
http://www.miningreview.com/node/18895

New year is going to go off with a bang for shareholders.
RIO bid supposedly in by end of DEC may start the bidding war.
So far the rumors and that is all they are ATM, include
ICVL
BHP
TATE
VALE

Ascending triangle formed. After a $2 run up on the rio news it has managed to hold and anticipation of another bid may bring on the break.