re: Ann: Tiger Resources strikes alliance wit...
Leek .. Hmmmm you bring up VERY INTERESTING points to PONDER over ..
MCK appears to be a subsidary of Nikanor Plc. See exert from Wikipedia on them:
Nikanor Plc Nikanor,[2] was a publicly quoted holding company for Global Enterprises Corporate (GEC) with assets in the rich Copper Belt region in Katanga Province, Democratic Republic of the Congo. Nikanor Plc was incorporated in 2006 with its registered head office in Douglas, United Kingdom. Nikanor's stock was listed on the LSE's Alternative Investment Market in London in July 2006. The IPO raised $400 million, and Nikanor's market capitalization reached $1.5 billion.[2] Emile Mota, President Joseph Kabila’s former chief of staff and Simon Tuma-Waku were on the senior management team of Nikanor. Simon Tuma-Waku was Minister of Mines and Energy under President Joseph Kabila, who promulgated the new mining code in 2002. (Mining Journal 2008)."[3] May 2007 Beny Steinmetz, Dan Gertler and the Gertner Group, Nikanor`s three main stakeholders, launched a hostile take over bid for Nikanor, which valued Nikanor’s shares at £6.00, the price when it floated. was presented by the Cosaf Ltd consortium,[notes 1] (which also includes the Swiss trader and Gertler's long-time associate, Glencore International AG and UK equity fund, RP Capital Partners) [notes 2] presented the bid which was opposed by those shareholders in Nikanor not involved in the bid. (Mining Journal 2008)."[3] In January 2008 Nikanor was merged into Katanga Mining Limited. [notes 3] Katanga paid US$452 million in cash to Nikanor Shareholders.[4] Nikanor planned on participating in the consolidation of the companies operating in the Zambian-Democratic Republic of Congo copperbelt region. In January 2008 Katanga Mining Company (KMC) acquired Nikanor PLC for $452m.[4]
perhaps MCK TRUCKS is the vehicle Nikanor uses to lounch strategic takeovers .. after all the Trucking Arm is a great way for Nikanor to get an insiders view on Mining Operations ..
Perhaps TGS is a Takeover Target for Nikanor
TGS Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held