Ring of Fire Monitor

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Monday, January 17, 2011

Interesting connections JP Morgan

Do you remember this news release?

J.P. MORGAN SECURITIES INC. SIGNS ON WITH NORONT RESOURCES LTD.
TORONTO, ONTARIO (November 27, 2007)

 - Noront Resources Ltd. ("Noront") (TSX VENTURE:NOT) is pleased to announce
 that it has entered into an agreement with J.P. Morgan Securities Inc.,
 to assist the company in evaluating strategic alternatives to maximize shareholder value.
JPMorgan will work along side co-advisor IBK Capital Corp. to develop strategies to unlock what Noront management and Board of Directors
believe to be a significant unrecognized value in the company's stock price. (IBK was present during Noront's AGM last year)


Why do I bring this up??


Because.. I find the following interesting: (I see that China Investment corp is a major holder of JP Morgan)
I find this very interesting because of the previous dots numbered one to 4.

1) Nov.3-4. 2010 McGuinty goes to China and meets with Eric Huang.
Eric Huang is  President of Citic Merchant Bank

(2)June 2009, Eric Huang, President of Citic Merchant bank agrees to serve as director of The Dundee Merchant Bank

(3) Citic Capital holdings Ltd is the investment arm of sovereign wealth fund China Investment Corp.(CIC)

(4) We have a NR Wed. Jan.12, about China Investment Corp(CIC)....Will unveil plans for an office in Canada's Financial capital next week. China is preparing to step up its investments in Canada.

Major Holders JP MORGAN
Breakdown
% of Shares Held by All Insider and 5% Owners:5%
% of Shares Held by Institutional & Mutual Fund Owners:74%
% of Float Held by Institutional & Mutual Fund Owners:77%
Number of Institutions Holding Shares:698

Major Direct Holders (Forms 3 & 4)
HolderSharesReported
MITSUBISHI UFJ FINANCIAL GROUP INC357,017,088Jun 11, 2009
CHINA INVESTMENT CORPN/AAug 9, 2010
MACK JOHN J2,249,387Oct 21, 2010
TAUBMAN PAUL J951,392Jan 21, 2010
SEXTON O GRIFFITH669,728Nov 18, 2010

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