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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by Tinyhopeson Sep 07, 2011 10:14am
486 Views
Post# 19017563

DJ Anglo American Said To Consider Bid For Walter

DJ Anglo American Said To Consider Bid For WalterDJ Anglo American Said To Consider Bid For Walter Energy -Report

Sep 07, 2011 (Dow Jones Commodities News Select via Comtex) --

DOW JONES NEWSWIRES

Mining firm Anglo American PLC (AAL.LN) is considering a bid for U.S. miner Walter Energy (WLT) of $120 a share, and has arranged financing supporting an offer as high as $150 a share, The Times of London reported Wednesday on its website, without citing sources.

Anglo is said to be planning to discuss the matter this weekend. BHP Billiton Ltd. (BHP.AU) also may be interested in Walter Energy, the newspaper reported.

Website: www.thetimes.co.uk/tto/news/

-Dow Jones Newswires; 212-416-2900

(END) Dow Jones Newswires

09-07-11 0921ET

Copyright (c) 2011 Dow Jones & Company, Inc.

Walter s last trade at 9:57 was for $ 93.91 UP $18.92 OR 25.23%

THERE IS SOMEONE LOOKING AT CLINE MINNING

BUT IN THE SHADOWS.

ONLY THE SHADOW KNOWS.
enjoy the trip up $$$$$$$
tinyhopes
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