Trading Bougainville Copper (ADRs) 867948

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19.12.11 07:05

15675 Postings, 6672 Tage nekroPNG public servants side with O'Neill

By Papua New Guinea correspondent Liam Fox
Posted December 19, 2011 15:05:28

Papua New Guinea's top bureaucrat says the public service recognises Peter O'Neill as the country's legitimate prime minister.
Chief secretary Manusupe Zurenuoc says he consulted both Mr O'Neill and Sir Michael Somare before making his decision on who to follow.
Despite the supreme court's order that Sir Michael be reinstated as PM, Mr Zurenuoc says the majority rules in PNG.
He says Mr O'Neill has the control of cabinet and parliament, and Sir Michael does not.
At a meeting of departmental heads this morning, Mr Zurenuoc told them to meet with the ministers that have been appointed by Mr O'Neill.
He says a lot of time and money has been wasted over the last week and has told the public service to get back to work.
http://www.abc.net.au/news/2011-12-19/...s-side-with-o27neill/3738488
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BOC - Mein  MULTIBAGGER Favorit

19.12.11 16:26

555 Postings, 6668 Tage BOCandorraNun doch: Peter O'Neill...

... bleibt Premierminister! Alle Ereignisse des Tages inklusive Videos auf www.bougainville-copper.eu !
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Alle aktuellen News zu Bougainville Copper auf der ESBC Homepage!
www(.)bougainville-copper(.)eu

19.12.11 17:22

555 Postings, 6668 Tage BOCandorra...und nun auch noch das!

Somare als Messias! Zu sehen auf: www.bougainville-copper.eu !
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Alle aktuellen News zu Bougainville Copper auf der ESBC Homepage!
www(.)bougainville-copper(.)eu

19.12.11 19:42
1

15675 Postings, 6672 Tage nekroWas...........

....könnte denn noch überraschen?

Wenn man nicht mal mehr weiss ob Tattoo Betty eine First oder Fist Lady ist............

Und das nicht in PNG ;-))))))))))))))))
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BOC - Mein  MULTIBAGGER Favorit

19.12.11 21:08

1158 Postings, 6672 Tage sumoeyich verstehe nur noch Bahnhof

frohe Weihnachten und auf ein besseres 2012 :-)))))  

19.12.11 22:22

543 Postings, 5616 Tage enJOyITVon mir auch vorab...

frohes Fest und auf ein erfolgreiches Jahr 2012. Hoffe das wird das Jahr des BOCks... :D  

19.12.11 22:24

378 Postings, 5437 Tage Böcklein#10555 - Ich schließe mich an, ...

... was Weihnachten betrifft und wünsche auch jetzt schon schöne Feiertage.

Außerdem ein ebenso gutes Jahr 2012 - denn: Die Richtung stimmt, wie Du selbst immer so schön sagst @sumoey! Was also wollen wir mehr??? :-)))

 

 

20.12.11 07:35
1

15675 Postings, 6672 Tage nekroG-G recognises O’Neill as PM

http://www.bougainville-copper.eu/news-december-2011-2.html

By PORENI UMAU


IT is now official — Peter O’Neill is Papua New Guinea’s Prime Minister.

His recognition and swearing in at Government House yesterday – after a change of heart by the Governor-General Sir Michael Ogio – hopefully closing a dark chapter in the political life of our country. It also, barred court-re-instated minority Prime Minister Sir Michael Somare going back to court, unshackling the country from the confusion of the past week created by the stalemate of two claimants to the Prime Minister’s seat – Mr O’Neill, who was elected by Parliament, and Sir Michael, who was reinstated by the Supreme Court.

Governor-General Sir Michael Ogio yesterday said that following further advice, he had concluded that his earlier decision to swear in the Somare regime a week ago was wrong.

Grand Chief Sir Michael Somare yesterday maintained that he is the legitimate Prime Minister

“I’ve been reinstated by the Courts, I am following the law and that’s it and I’ve been sworn in as the Prime Minister by the Governor-General. There is only one Cabinet and one Prime Minister and I am the one,” Sir Michael said.

However, the Governor-General acknowledged that he had no reserved powers and can only act on advice from parliament through the Speaker on the appointment of the prime minister. He said that parliament was supreme and it was only parliament that can decide who is prime minister.

Sir Michael said he now accepted that he cannot take advice from the State Solicitor, the Legislative Counsel or any other officer of the State.

Sir Michael said that in any event, the advice he did receive was flawed and did not take into account parliament’s decision to remove Grand Chief Sir Michael Somare as East Sepik MP on December 9, 2011.

He said that he did not take into account parliament’s amendments to the Prime Minister and the National Executive Council Act, which dismissed Sir Michael as PM.

He said that he now recognises parliament’s election of Mr O’Neill as prime minister.

The GG said that Mr O’Neill was correctly sworn in by the Acting Governor General Jeffrey Nape and called on all MPs and the people throughout the country to understand the untenable situation he had been placed in.

“It is now time for the MPs to join together on the floor of parliament and let normal democratic processes take their course,” he said.

He said that the most important thing that could happen now was for reconciliation to take place on the floor of parliament and for the business of the nation to resume.

Sir Michael also said that as per his suspension by parliament on December 14, 2011 and the subsequent lifting of the same yesterday, he accepted the process and proceedings undertaken to restore him as the GG of PNG.


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20.12.11 07:46

220 Postings, 5717 Tage peter_ski@Alle

Ein gesegnetes Weihnachtsfest und ein gutes, hoffentlich "boc"-geiles Jahr 2012. Wir alle warten schon sooooo lange!

Natürlich auch einen guten Rutsch!!  

20.12.11 12:16

1038 Postings, 4993 Tage antares0650Löschung


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21.12.11 07:41

15675 Postings, 6672 Tage nekroO'Neill declares PNG leadership crisis over

http://www.bougainville-copper.eu/news-december-2011-2.html

21.12.2011  ABC Radio Australia News


Papua New Guinea prime minister Peter O'Neill says he is in total control of the country, and the dispute with Sir Michael Somare is over.

Sir Michael is still insisting he is the legal prime minister, basing his claim of a ruling from the Supreme Court.

But Mr O'Neill says he has the backing of a majority in Parliament and the Governor-General, and the government and people have acknowledged that.


Presenter:Bruce Hill

Speaker:Peter O'Neill, prime minister, Papua New Guinea


O'NEILL: We are in total control of the affairs of the country. Public service mission has now fallen in line with the governments' wish and governments' directions. The Defence Force and the police are under our control. Normalcy has returned to the critical structure of the country and we are in control.


HILL: What about Sir Michael Somare and his supporters, I think he's got about 40 MPs on his side, he is still claiming that he is the prime minister and he says he's backed up by the authority of the Supreme Court in that?


O'NEILL: In fact he's got only 32 members of parliament who are with him at present, and that is compared to our 75. Now when you look at it as I've stated on many occasions, the courts in this country have got no powers to order the parliament to install a prime minister. Sir Michael continues to have minority numbers on the floor of parliament. Parliament has not mandated him to run the country. Only the Supreme Court or the courts of our country can only make references back to parliament to correct itself. Now we have taken note of the court orders, we have accepted the court orders in parliament, we have debated on it and we have disposed of it. We now have introduced legislation to correct the process, and the process is that any person owning the office of the Prime Minister who is away for an extended period of time, over three months, in fact automatically vacates that office. In line with that the parliament has taken note that there has been a vacancy and a new Prime Minister has been elected. So now this has been recognised by all sectors of the community, almost 90 per cent of our people support that. In fact the public servants are now fully behind, and the Governor General yesterday admitted to the fact that he was wrongly advised by people who had no right to advise him, and as a result he now admits that we have been duly sworn in and we are now in total control of the country.


HILL: So is there still basically a clash between these two principles of control of parliament and rule of law? Is the Supreme Court falling into line though? Will you have to go back to the Supreme Court to get them to somehow publicly acknowledge this?


O'NEILL: Parliament is not answerable to the Supreme Court, that must be clearly understood. If anybody feels aggrieved by any decision parliament has taken, of course they have every right to go to court for an interpretation. Again Somare and his camp have got every right to go and exercise their constitutional right and go to court if they feel aggrieved that they can seek an interpretation, which the court will interpret and report back to parliament, and parliament will continue to correct itself.


HILL: The people who supported Sir Michael Somare apparently in good faith adhering to this principle of rule of law, is anything bad going to happen to them as a result of them supporting Sir Michael Somare, or do you understand their reasons for doing what they did?


O'NEILL: Nobody is operating outside the rule of law. That influences our government, we are subject to the constitution of our country, acts of parliament that we introduce on the floor of parliament, and I want to state to everybody that the country despite the crisis has been able to operate in a very orderly manner, our citizens have gone about with their lives in an orderly manner, there has been no riots, there's been peaceful protests supporting our government in many cities throughout the country, but that is a constitutional right. So all in all I think Papua New Guineans have expressed great maturity in ensuring that our country's democracy prevails.


HILL: How is this eventually resolved, just basically through people acknowledging you as prime minister, because there were some talks I understand between the Attorney General for Sir Michael Somare, Sir Arnold Amet, and Dr Alan Marat, your Attorney General? Did anything come of those peace talks or did it not just go anywhere?


O'NEILL: That did not go anywhere because of the fact that they depended entirely on the court order the Supreme Court has ordered. When we look back you must realise that the proceedings of the Supreme Court were under extreme controversy where the Chief Justice despite the person who chaired the tribunal of the Supreme Court, despite very serious conflicts of interest refused to step down. Now under those circumstances even the decision of the Supreme Court was not a unanimous decision, it was just by majority of three to two. So given those circumstances, parliament rightly took note of those and acted by changing the appropriate acts of parliament to ensure that there is stability in the political structure of our country.


HILL: Sir Michael Somare is the father of PNG, took the country to independence, a very long and distinguished career, is this really the way that his political career should be brought to an end though on this note?


O'NEILL: Well this is not by choice, Sir Michael Somare has done this to himself. This country belongs to seven million people, we acknowledge his contribution to the country. We have great respect for the contributions that he has made, but he clearly knows that he's not healthy, he has had extreme health issues, he's not capable of managing the affairs of the country, he should have done the right thing that his family and himself announced that he was retiring and he would retire from politics. Now he's been discharged from the hospital he just wants to walk back into the job using the court order as the basis on which to do so. He does not have the public support, he does not have parliament's support, and certainly he does not have the business community and international community's support. So it is quite obvious the writing is on the wall. He needs to retire gracefully with dignity and the respect that he deserves.


HILL: One of the very significant aspects of this whole crisis has been what many are calling a very mature and measured response by the ordinary people of PNG, there was calm, no one took their disagreements to the streets, the military stayed in the barracks, wouldn't be drawn into things, public servants stayed at their posts and did their jobs without picking sides. Were you surprised by this response or not?


O'NEILL: No we have been appealing to everybody in the country that we must respect the rule of law, we must allow parliament to do its job, we must allow the mandated leaders, which are their representatives on the floor of parliament to continue to manage these issues. Now Somare and his camp has not been attending parliament, they are trying to run a so-called minority government under court order outside of parliament, not responsible to anybody. Now these changes have happened because of massive corruption and massive mismanagement of public funds, and lack of attention to people's needs. As a result of that the people's desires have been to change. So we know that we have got the public support and we know that public support is for the good of the country.


HILL: Are you going to let Sir Michael Somare continue to pretend to be prime minister if as you say you're in control, or are you going to just simply ignore him, what?


O'NEILL: Well he knows he's lost any opportunity for him to become prime minister. He's no longer a member of parliament, he cannot conduct himself out there as if he's a prime minister, when we all know that prime ministers are only elected by parliament and only members of parliament can be prime ministers. So I'm sorry he's singing his last song, but let him see how he plays that out.


HILL: What lessons are there for PNG in this crisis? How can we prevent this kind of thing happening again in the future?


O'NEILL: We are now doing legislative reforms on the floor so that we don't know allow this kind of nonsense to reoccur in the future. We are changing the prime minister ?? act to make sure that if a prime minister falls ill automatic invoking of a prohibition which will allow two medical doctors to carry out an assessment, whether he's still mentally sound to carry out that function of the prime minister or not. And secondly, we are trying to do also limits to the age that if you're well over 72, which is the same as the judges in this country, that persons who are over 72 years of age should not continue to hold the office of the prime minister. This is a stressful job and a fit and a healthy person should hold the office and managing the affairs of seven million people in this country.
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21.12.11 08:06

15675 Postings, 6672 Tage nekro"O`Neill in line with US-Australian interests."

http://www.wsws.org/articles/2011/dec2011/pnga-d21.shtml

...................Relations between successive Australian governments and Somare have been tense. Canberra has been concerned that under Somare, PNG has been turning towards China. He gave the go ahead for a $1.5 billion Chinese-owned Ramu nickel/copper mine in the PNG highlands as part of his “look north” policy of attracting more investment from Asia.

After gaining office in August, O’Neill made clear his orientation to Australia. He led a delegation to Canberra where he reached an agreement to allow Australian Federal Police (AFP) and military personal into PNG for the first time since Somare forced the removal of 150 AFP officers in 2005.

The current crisis in PNG takes place as the Australian government of Prime Minister Julia Gillard has thrown its support behind the Obama administration’s aggressive drive to undermine Chinese influence throughout the Asia Pacific region. The Australian government has undoubtedly been active behind the scenes in ensuring that the PNG army and police in particular sided with O’Neill.

In 1997, the Australian government was actively involved in ousting PNG Prime Minister Julius Chan for secretly employing mercenaries to seize control of the huge Bougainville copper mine from separatist fighters. Instrumental in the ouster was army chief Brigadier General Jerry Singirok who called for Chan’s resignation.

The Australian Strategic Policy Institute noted on December 1 of this year: “Washington feels Canberra has taken its eyes off the ball”—a reference to Canberra’s longstanding role as a proxy for the US in the South Pacific in maintaining its domination. Canberra has no doubt been working assiduously in Port Moresby to ensure a government that is firmly in line with US-Australian interests.
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21.12.11 09:07

704 Postings, 6497 Tage Tom0001FSE Brief 56Euro

 
Angehängte Grafik:
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21.12.11 09:23
1

1158 Postings, 6672 Tage sumoeydas ist der reelle Wert von BOC ;-)))

21.12.11 09:30

401 Postings, 6456 Tage BundesheinzJetzt brechen die Dämme...

Kurs der BOC-Aktie aktuell umgerechnet bei etwa 0,55 Euro. Ganz toll!

Frohe Weihnachten! :-((  

21.12.11 09:31

1158 Postings, 6672 Tage sumoeyhabe gerade weitere 5k

zu 0,56 Euro gekauft :-))  

21.12.11 09:33

1401 Postings, 7564 Tage Cuba MaßJa ist schon bitter

Bis auf ein paar kurze Sprünge haben wir uns im Prinzip von 1,40 Euro auf 0,55 fast gedrittelt....  

21.12.11 09:36

1158 Postings, 6672 Tage sumoey@bundesheinz

es hat sich doch nichts geändert,alles läuft mehr den je in die richtige Richtung,und je niedriger der Kurs,desto mehr rückt die Aktie auch für andere Investoren in den Fokus,diese Kursspielereien bringen uns doch nicht mehr aus der Ruhe.Das hier jemand mit dem Kurs spielt(und das ganz einfach bei dem dünnen Volumen),oder auch einfach nur raus will(weil er keine Lust mehr auf BOC hat) steht doch außer Frage,ändert aber doch nichts an der Tatsache das wir heute viel weiter sind als noch vor 3 Jahren,der Kurs aber das Niveau von vor 3 Jahren hat,also eine bessere Einstiegsmöglichkeit sehe ich im Moment nicht.
Ich bin fest davon überzeugt das wir auch mal wieder den 1 Euro sehen werden,und auch mehr.  

21.12.11 10:29

15675 Postings, 6672 Tage nekroKupfer: Gute Nachfrage deutscher Elektroindustrie

http://www.godmode-trader.de/nachricht/...in-2012-Comex,a2721146.html

Hamburg (BoerseGo.de) – Kupfer wird das Jahr 2011 aller Voraussicht nach auf einem Preisniveau von über 7.000 US-Dollar je Tonne beenden. Der Durchschnittskurs des Jahres wird dann zwischen 8.800 und 8.850 US-Dollar je Tonne gelegen haben. Aurubis, der größte Produzent von Kupfer in Europa und der größte Kupferrecycler weltweit, geht davon aus, dass die Nachfrage seitens der wichtigsten Abnehmerbranchen im Jahr 2012 robust bleiben wird.

So berichten die Rohstoffexperten in ihrer Kupfermail für Dezember von einer festen Nachfrage seitens der Elektroindustrie in Deutschland. Die drittgrößte deutsche Industriebranche ist ein Schlüsselkonsument für Kupfer und erwartet für 2012 einen Zuwachs der Produktion um bis zu 5 Prozent gegenüber dem Jahr 2011. In diesem Jahr hatte es im Jahresvergleich gegenüber 2010 ein Wachstum um 14 Prozent gegeben.

Der chinesische Importbedarf soll auf einem hohen Niveau bleiben. Dies resultiere vor allem aus einem niedrigen Stand frei zugänglicher Kupferbestände in China, so die Experten von Aurubis. Zudem gebe es Pläne zur Optimierung der Bewirtschaftung staatlicher Metallreserven beim State Reserve Bureau. Für Kupfer beinhalten diese Pläne in den nächsten Jahren einen weiteren Bestandsaufbau.
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BOC - Mein  MULTIBAGGER Favorit

21.12.11 10:39
1

1401 Postings, 7564 Tage Cuba Maß@sumoey

im Grunde geb ich dir recht. Nur den einen Satz von dir sehe ich anders: "je niedriger der Kurs,desto mehr rückt die Aktie auch für andere Investoren in den Fokus"

Ich würde ihn genau umdrehen:  "je höher der Kurs,desto mehr rückt die Aktie auch für andere Investoren in den Fokus"

Zumindest ist das meine Erfahrung :-)  

21.12.11 12:37

15675 Postings, 6672 Tage nekroPNG parliament passes budget

https://webmail.pt.lu/webmail/redirect?u=http://...=read&id=65197

Posted at 08:33 on 21 December, 2011 UTC

The Papua New Guinea parliament has passed the budget following weeks of delays due to the political impasse in which two rival groups have claimed to be the legitimate government.

The impasse now appears settled after Peter O’Neill this week consolidated his claim to the prime ministership, being recognised by the Governor-General, the Speaker of parliament, the police commissioner, the Defence Force and the public service.

His rival, Sir Michael Somare, still claims to be the legitimate leader but lacks public support and the numbers to challenge Peter O’Neill successfully in parliament.

Meanwhile, the O’Neill administration passed its budget, the nation’s largest ever, which includes substantial spending increases for health and education.

Earlier, a senior member of the O’Neill cabinet, Bart Philemon, said they would complete other key legislation as well.

   “We have already put [through] the first and second reading of the Sovereign Wealth Fund. The only other major legislation is the 22 women’s seat one, [for] which parliament failed to get the required number of 73.”

The O’Neill administration has also passed an amendment to the Prime Minister’s Act which restricts the age limit of a Prime Minister to 72
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21.12.11 13:52

189 Postings, 6660 Tage oyoo@CubaMaß

Du hast natürlich Recht mit dem was du schreibst. Und zu Optimismus besteht zur Zeit leider gar kein Anlass lieber Sumoey. Nichts desto Trotz wünsche ich allen ein friedvolles Weihnachtsfest und ein gutes neues Börsenjahr 2012.

oyoo, dessen Haare schon lange grau sind ...  

21.12.11 20:15
1

223 Postings, 6514 Tage reinhold_tabrisFrohe Weihnacht

Solange die sich da unten noch die Köpfe einschlagen wer Nr. 1 ist im Land ist   ,nutze ich die Zeit über den Jahreswechsel um mein Brennholz für den Winter 2012 /2013 einzuschlagen. Ich bin  seit 2004  bei BCL dabei und hätte, bei dem auf und ab der Aktie in den letzten Jahren  schon viel Geld verdienen können.    ( Wäre ich clever gewesen)
Mittlerweile sagt mir mein Bauchgefühl, daß dies einige ESBC Mitglieder gesteuert ausgenutzt und viel Geld verdient haben.
Für mich ist der entscheidende Wendepunkt , wenn BCL seine Lizenzen verlängert bekommt. Wenn das nicht 2012 über die Bühne geht, dann kann ich meine Investition wahrscheinlich abschreiben.

Frohe Weihnachten  

22.12.11 06:39

1158 Postings, 6672 Tage sumoeysieht so aus als ob

sich einfach nur einer von seinen Stücken getrennt hat,vielleicht wollte er Gewinne mit Verlusten verrechnen,das passiert zu Jahresende öffters,auch ist es bemerkenswert das sich bei er eigentlich dünnen Ordrdecke doch so viele Käufer gefunden haben,ich denke der Spuk ist jetzt vorbei  

22.12.11 06:42

1158 Postings, 6672 Tage sumoey@10573

die Lizenzen wurden automatisch verlängert,ds steht fest,nur ob die Bougainviller das akzeptieren,das muss verhandelt werden  

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