Re: You know how to get things moving---

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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BigD70

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Re: You know how to get things moving---

in response to

Re: You know how to get things moving---

luker

posted on Mar 31, 2014 08:36AM

Definitly, if this guys bought a 20% stake in, like he did in Falconbrigde we will see a big increase in share price.

http://www.financialpost.com/story.html?id=2c7b0cfe-14be-40dc-8d92-8a74685e9782&p=6

But Mr. Davis was sending a clear message in 2005: Xstrata was going to move on its own time. Mr. Davis -- known as a curt, to-the-point businessman -- would direct the play. His strategy would unleash one of the most expensive, drawn out bidding wars in Canadian corporate history.

Falconbridge management was hoping Mr. Davis would move quickly to gobble up the remaining 80% of the company for the same $28 share he'd paid Brascan, perhaps a buck or two more.