Timmins & Beardmore - Northern Ontario
Focused on becoming a near-term Gold Producer
Message: M and A
A little M and A today PTC got scooped up , i owned that when it was ADL Adrian resouces , should go alot higher than $2.00, i guess i should have held .
Heres an interesting article maybe were 2 years or less away from being a fish.
| FNX looking for acquisitions and joint venture projects | ||
| By Jon Nones 12 Jun 2008 at 02:36 PM |
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FNX Mining Co. [TSX:FNX] wants to buy stakes in miners with deposits under development or plans to reopen shuttered projects, according to a Bloomberg article. FNX aims to form equal-partnership ventures with companies that have similar assets, Chief Executive Officer John Lill said yesterday. He said the company may propose financing “two or three” such projects in exchange for part ownership. The company began producing in 2006 by reviving nickel mines in Canada's Sudbury basin at the Levack Complex. |
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