| 22 Jun 2006 - Raymond Goldie, Senior Mining Analyst, quoted in "Inco lifts forecast amid intense merger brawl'", Reuters Canada. |
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"The likeliest outcome could be a five-way deal in which bits and pieces of the companies are portioned out between Teck Cominco, Xstrata, Inco, Falconbridge and LionOre,"
"Most said I was too bullish, now I admit to being too cautious," |
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| 20 Jun 2006 - Raymond Goldie, Senior Mining Analyst, quoted in "Inco's 'Unrecognized Value'", Financial Post. |
"What we're talking about here is expanding the life of Sudbury, Thompson and Voisey's Bay beyond 2036. And I don't think the market really cares about what will happen in 20 or 30 years."
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| 17 Jun 2006 - Raymond Goldie, Senior Mining Analyst, quoted in "Inco may find help with bid for Falconbridge", Globe and Mail. |
“I think Inco will have to raise its bid,”
“The people who will decide this deal were on that bus in Sudbury,”
“They don't care what's going to happen in 2010. They care about if I tender my shares today — what's on the table. And from that perspective, they would go for Xstrata.”
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| 16 Jun 2006 - "Royal Utilities Income Fund Files Final Prospectus", Royal Utilities Income Fund press release through CCN Matthews. |
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| 16 Jun 2006 - Raymond Goldie, Senior Mining Analyst, quoted in "Falconbridge bids likely to be raised", Globe and Mail. |
“That leaves Inco still having to up their offer, and it can be by as much as $5 to $10,”
“The European one it certainly seems like a pretty strong indication, because even before they went into the process back in October, the Europeans indicated that they saw the ownership of the Norwegian refinery as the key impediment and they've been working very hard on finding a buyer for that,”
“It looks as if the have addresses the one concern of the European regulators.”
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| 16 Jun 2006 - Raymond Goldie, Senior Mining Analyst, quoted in "Brussels set to clear Inco deal", Financial Times of London. |
"a large number of funds in New York and Boston are going to determine the fate of these two companies. I don't think these fellows care what happens in 2010 and 2012."
"they can afford another five or ten-dollar increase".
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| 14 Jun 2006 - Raymond Goldie, Senior Mining Analyst, quoted in "Xstrata gets U.S. approvals as Inco and Falconbridge trumpet value of merger", 940 Montreal. |
"I don't think they care what happens in 2010, they only care about, when it comes down to it, whose offer is better as of today,"
"If those fund mangers were to decide today, they would certainly decide in favour of Xstrata rather than Inco's bid for Falconbridge." |
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| 07 Jun 2006 - Haytham Hodaly, Senior Mining Analyst, quoted in "Glamis Production Problems Seen As Short-Term", Dow Jones Newswires. |
"will be made up over the life of the operation."
"Both the problems are issues they can control... they've
already implemented some processes to solve them."
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| 07 Jun 2006 - Paul Quinn, Research Analyst, quoted in "Softwood deal worries coastal producers", Vancouver Sun. |
"I could see a number of these guys looking at it and saying, 'We are dead if this goes through.' And they will be dead."
"internal Canadian opposition to the deal is simmering under the surface."
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| 06 Jun 2006 - Raymond Goldie, Senior Mining Analyst, quoted in "Inco woos rivals to counter Teck bid", Toronto Star. |
They have to do this because it's their fiduciary duty. If they didn't talk to someone else about getting a better offer, they could be sued by shareholders,"
"They want to be able to say `we talked to A, B, C and D — that being Rio Tinto, BHP, Anglo and Norilsk Nickel — and none of them were interested.'"
"My guess is it won't lead to anything. These companies have already looked closely at Inco and passed," |
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