takeover, page-11

Always thought Teck and Xstrata would be the primary hunters but right now I favour Vale (CVRD).

Raised about $12billion at the end of June, already have huge nickel exposure through the Inco deal.

I'm just wondering at what price they would be interested.
$1.50 they could offer a 100% premium that would probably get up, if bidding war steps up they can easily go to $4 then.

I think Teck is out given they are also a big zinc player, same could be said of Xstrata as well but that probably won't stop them having a tilt if a bid comes in.