Re: Market Volatility Sparks M&A Among Canadian Resource Companies

Welcome To The Inspiration Mining HUB On AGORACOM

The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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bluenoser

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Re: Market Volatility Sparks M&A Among Canadian Resource Companies

in response to

Re: Market Volatility Sparks M&A Among Canadian Resource Companies

whaler

posted on Sep 24, 2008 06:26PM

Whaler,

If the company is bought, all assets are sold. Of course, one would expect dolar-to-dollar on money in the bank, so it is a wash. As long as it is not distributed to executives on the way out the door, as Robert Milton tried to do with Air Canada.