Glencore 'quote : ..."has money to spend and I think will look to expand its trading business on further acquisitions."
and ..'...but Glencore goes where others fear to tread and usually seems to do very well out of it, Fairfax's Meyer said.'
Full report :
http://www.bloomberg.com/news/2011-09-01/optimum-coal-gets-4-86-per-share-offer-from-group-including-glencore-unit.html
There's money out there, ready to back decent Finds / Company(s), imo.
Happier days to come? Sure.
Cheers :)
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