JAPANESE INVESTMENT IN PERU INCREASED TO US$6 BILLION

19 February 2011 | 03:42 Code : 20488 Geoscience events
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Japanese investment to Peru increased to about US$6 billion driven by stronger bilateral...

Japanese investment to Peru increased to about US$6 billion driven by stronger bilateral ties, said the Peruvian Ambassador in Tokyo Juan Carlos Capuñay. "Japanese direct investment in Peru currently reaches US$750 or $800 million, while indirect investment exceeds US$5 million," he said. Japanese entrepreneurs have invested in the production area for many years, but they prefer indirect investment. This is the case of Mitsui Mining, which has invested almost US$ 300 million for a 25 percent share in Brazilean company Vale, in the Bayovar phosphate project (northern Peru)."Now you can see that many Japanese firms -such as mining companies- are banking on investing directly in Peru. And, they do so because both countries have an investment protection agreement."Penny Stock Fever Initiates Coverage on Liberty Star Uranium & Metals Corp.Penny Stock Fever is pleased to announce that they have initiated coverage on Liberty Star Uranium & Metals Corp. (OTC BB: LBSR.OB)For all of those who like emerging companies/stocks involved in Gold, Silver and Platinum mining, make sure that you visit us at http://www.pennystockfever.com and sign up for our FREE alerts, because we have an extremely undervalued Gold mining stock alert coming this Monday. This one is not to be missed.Liberty Star Uranium & Metals Corp. (LBSR) is an exploration stage company that engages in the acquisition and exploration of mineral properties in Arizona and Alaska. The company primarily explores for uranium, copper, gold, molybdenum, silver, and zinc properties. LBSR holds interests in North Pipes Super Project comprising 1,775 Federal lode mining claims in northern Arizona on the Arizona Strip; Big Chunk Super Project, which consists of 707 mineral claims in the Iliamna region of southwestern Alaska; and Bonanza Hills Project with 56 mineral claims in the Iliamna region of southwestern Alaska.Liberty Star Uranium & Metals Corp. (LBSR) is continuing to be a mainstay on the forum boards, so that alone should persuade an investor to at least add LBSR to his or her watch list.(LBSR) has been seeing lighter volume as of late and looks to be in a downtrend.Penny Stock Fever Does Not recommend (LBSR) as a buy at this time, as Penny Stock Fever feels (LBSR) will fall further, possibly by more than two points.Find out more about (LBSR) by visiting their website here: http://www.libertystaruranium.comRemember to visit us at http://www.pennystockfever.com as we will be alerting a up and coming Gold and Silver mining stock this Monday.About: Penny Stock Fever is an investor relations site that provides free e-newsletters and stock alerts from its web site, http://www.pennystockfever.com. The company covers all sectors of the market from undervalued penny stocks to big-board bottom bouncers.Disclaimer: Penny Stock Fever is not a registered investment advisor. Investors are responsible for doing their own research and obtaining professional investment advice. Penny Stock Fever does not guarantee the accurateness of information in its communications. PSF was compensated five thousand dollars by a third party for coverage on erfw. Investors should read the full disclaimer at http://www.pennystockfever.com before investing in any stock featured by the site.


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