RE: RE: RE: BIDS ARE BUILDING UP calgarytran;
The chance of BHP buying us is remote if I may understate. They are slashing capital budgets everywhere and Jensen may take another 8 years to get to 8 million tons per annum. Potash is much more capital intensive than iron ore and BHP is more emotionally attached to iron ore.
Buying WPX will not happen. I wish it would but sadly ........
The best option is for a Chinese or Indian company to buy us to insure low cost potash for a century or more.
BHP should buy Husky or Suncor and then Barrick on the cheap and become a true global Materials mutual fund without the fees.
Mat