I find this very interesting whats going on with whats maybe the biggest commodity trader in the world. It was said on BNN today that these guys pretty much dictate the price direction of most of the worlds commodities. They are doing an IPO, which may be one of the biggest in the world. They were a private company but are now gonna become public. It may have something to do with the link I am providing about their mines in Bolivia. Bolivia is next door to Peru, and I was suprised to see that Glencore has that big of a presence next door to us.
http://af.reuters.com/article/metalsNews/idAFN1416866220110414
Its not the thing that should they lose their mines there,(which I dont think will happen), its the thing that they, if anyone could afford to buy the Tesoro if its as rich as we think. I beleive that we may be a perfect fit in Glencores portfolio down the road. I,m only speculating here, but wasn,t management just in Europe, close to Glencores head office? I beleive their head office is in Geneva (not 100% sure). I think I would personally like to own some expensive shares of Glencore partly in turn for SLI shares. If anyone ever buys the Tesoro, I beleive these guys will be a candidate.