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SGQRF vs. ETF Alternatives
Monday, Sep 32012, 6:17 AM
Tuesday, Jul 32012, 9:06 AMIvanhoe Mines (IVN) and Chalco (ACH) agree to extend the deadline for their takeover bid for SouthGobi Resources (SGQRF.PK) to Aug. 3. ACH seeks to make a proportional takeover bid for up to 60% but not less than 56% of SouthGobi common shares at C$8.48/share. IVN +0.5%, ACH -1.5% premarket. |Tuesday, Jul 32012, 9:06 AM| 1 Comment
Monday, Apr 22012, 3:25 AMChalco (ACH) bids for a controlling stake in Mongolia-focused miner SouthGobi Resources (SGQRF.PK), offering C$8.48/share vs. SouthGobi's previous Toronto close of C$6.44. The U.S. dollar value of the deal would be nearly $930M. Ivanhoe Mines (IVN), which owns ~58% of SouthGobi, looks favorably on the offer. |Monday, Apr 22012, 3:25 AM| Comment!
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Mayascribe:: Read it. Well written. Terrifically sad state of affairs.
Jon Springer:: Thanks Maya. The hearsay stuff I can't publish is far more colorful ;-). Weird progression of events. Hope your holidays were happy.
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declanfromtrinidad:: relax jon, even if it don't bounce back up today, it will shoot next year. hoping the entire market fall drastically, so i can buy more TRQ.