TGR history of bidding for ONR dates to July 2012:
"...It has submitted a preliminary bid for the ONR's track and assets, and submitted its underwriting. Its purchase capacity is in excess of $150 million, said president Kevin Street...."
http://www.northernontariobusiness.com/Around-the-North/2012/07/25-Company-makes-bid-for-ONR.aspx
AND
"...The company’s website describes itself as a family-owned business that became involved in operating rail lines in 1994....A Facebook account under TGR Rail Canada states the company has found an international underwriter for up to $150 million to invest in the rail operations. “We’re very serious, very capable and very eager,” said Street...."
http://www.northbaynipissing.com/news-story/4214011-bidder-sees-huge-potential-in-rail/