GREY:EORBF - Post by User
Comment by
Protonman-on Jun 20, 2012 2:09pm
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Post# 20035597
RE: RE: RE: BHP a possible JV partner if Rusal pul
RE: RE: RE: BHP a possible JV partner if Rusal pul ''BHP was the company shunned by the canadian government when it tried to takeover Potash co. last year. It was only the 2nd time in recent history that Canada intervened to stop a transaction of this type.
I sure hope that if BHP tried the same (hostile takeover) with Orbite the government would also intervene. But as for a partner with Orbite, of course it's not the same.''
BHP was blocked from taking out Potash Corp. POT was the icing on the cake. What they were really after was all the viable potash members surrounding Potash Corp, which they successfully bought: Anglo Potash [255 Million] and Athabasca Potash [360 Million].
When added together, those members have about 7x the indicated mineral reserves of Potash Corp!
Marius is one smart cookie---maybe too smart for my comfort ;-(