Pompano Beach, FL, May 24, 2010 --(PR.com
)-- Mr. Michael Casey, CEO of Commodities Online LLC is pleased to announce a JV partnership with Minerales Mexiron, S.A., a 4-year-old working iron ore mine located in Mexico near the Port of Manzanillo.
Alfred Knight Analysis – 64% - 66% purity
Predominantly Magnetite Iron Ore – Capacity is 300,000 MT per month.
Commodities Online is a private company in the commodities wholesaling business, with sales offices in 26 locations across the United States. Commodities Online negotiate “pre-sold” or “buy/sell” cash commodities contracts and joint venture agreements. Commodities Online offers a confidential subscription service through its website to qualified investors wishing to participate in contracts for commodities such as fish, rice, and metal ores. As the subscriber base grows, a larger assortment of commodities contracts will become available through this subscription service. Participating in these contracts allows individual investors the opportunity to earn attractive risk-adjusted returns without having to manage such contracts or commit large amounts of capital.
The company does not charge investors commissions on contract participations. Instead, Commodities Online shares in the profits on the commodities contracts. In this way, the interests of the investors and the company are aligned: if investors do not profit from a particular commodities contract, then neither does Commodities Online.
Although a new company, the management and affiliates have established relationships with producers and with distributors/buyers, which are key to the business model. The company was created to enable investors access to the incredible and reduced risk opportunities in the world of pre sold physical commodities.
Commodities Online is seeking end users for the iron ore and welcomes inquiries from principals.
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