RE: Buy & sell call4 Dec 2017 00:15
Speculation on potential TYM acquisition ... How about Canada Fluorapar Inc. - Did a bit of digging and there's a part developed, part mothballed, part producing Fluorspar mine called St Lawrence in Newfoundland, Canada (good strategic N. American location) which was bought for a steal (approx CAD$38m) by an American Private Equity firm called Golden Gate Capital in 2014. It's had loads of government money thrown at it over the years and I wouldnt be surprised if GGC sold it for a quick and hefty return rather than attempt to manage it to production and former glory! Until a few days ago though I couldn't see where TYM would get the cash for this one. ;)