AVM 11.5% 2.9¢ advance metals limited

Ann: Anvil Commences Review of Strategic Alternat, page-13

  1. 402 Posts.
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    re: Ann: Anvil Commences Review of Strategic ... Hi WhiteLight, Glencore is also a commodities trader, but it didn't stop them starting up Xstrata. Maybe Trafigura have got the Zug bug :)

    Another possibility is that it may be an offer from the Canadian company, Barrick, that has just recently taken over Equinox. They were prepared to pay a good premium to what the Chinese were offering in order to form the basis of a copper division, and diversify away from gold. Maybe they are looking to Anvil to bulk up further.
 
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2.5¢ 2.9¢ 2.4¢ $36.69K 1.440M

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