The Big Score
Voisey's Bay is the site of a massive nickel deposit whose vast potential has riveted the attention of the international business world. The discovery of the deposit in Labrador, the struggles for controlling interest in it, and especially the extraordinary players involved drive this amazing business story, which often reads like a suspense novel.
At the centre is Robert Friedland, an ex-hippie and disgraced Vancouver stock promoter, who by sheer luck ended up holding all the cards in a high-stakes poker game that pitted some of the world's most powerful and conservative mining companies against each other.
When news of the Voisey's Bay motherlode began to circulate, nickel giants such as Inco and Falconbridge were swept up in the excitement, competing in a series of takeover bids for control of Diamond Fields, the company that controlled the find. It all culminated in Inco's winning $4.3-billion offer, the largest takeover price ever paid for mining property.
But was the deal one of the riskiest gambles in business history?
From Namibia and Singapore to the boardrooms of Toronto and Vancouver," The Big Score uncovers the big money deals, the power struggles, and the hype in an immaculately researched and compelling drama of international intrigue.
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Often when Mort drove deep into the interior to supervise mineral exploration
work, the toddler Chris would be bouncing in the seat beside him. It wasn't long
before the young Verbiski learned to spot unusual rock formations, identify
As Sopko soon learned, however, his inexperience was not the only obstacle to
his vision for a nickel-plated future. A major roadblock was corporate inertia and
a lingering resistance to nickel exploration. Nickel exploration budgets had been
expand North American exploration budgets at their annual meeting in Sudbury.
Barsotti retorted that most of the world's major nickel bodies had already been
found. Therefore, he told the group, it made more economic sense to concentrate
What people are saying - Write a review
LibraryThing ReviewUser Review - JBreedlove - LibraryThing
Great book that read like a mystery novel. McNish wrote well and the research and speculation on details she could not have known was impressive. From acquisition to discovery Friedland was incredibly ... Read full review
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