EQN 0.00% 26.0¢ equinox resources limited.

barrick offer c$8.15, page-42

  1. 4,763 Posts.
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    Just a little more on my dream of Rio (again just a dream, not syaing it will happen, but "OVER HERE RIO!!" EQN is less than $10B)

    "With low debt and soaring cash flows, Rio is back on the hunt for acquisitions, but has made clear it is only interested in small- to mid-size deals, worth less than $10 billion, in order not to stretch its balance sheet too much. "

    "Rio won 73 percent control of Mozambique-focused Riversdale Mining last month with a A$4 billion takeover offer and has said it is looking to expand further in Africa"

    http://af.reuters.com/article/metalsNews/idAFL3E7G504220110505?pageNumber=3&virtualBrandChannel=0
 
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