The Big ScoreVoisey'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. |
From inside the book
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Page 1
... knew immediately it was a gossan , an iron - rich crust of decayed rock that often points the way to buried mineral riches . It was poking through the edge of a scrub - covered hill near one of the large bays that per- forate the ragged ...
... knew immediately it was a gossan , an iron - rich crust of decayed rock that often points the way to buried mineral riches . It was poking through the edge of a scrub - covered hill near one of the large bays that per- forate the ragged ...
Page 103
... knew it would be only a matter of time before the promoter would be calling the shots . Ever the pragmatist , though , he knew that ced- ing control to Friedland would save Diamond Fields a wrenching power struggle and put it in far ...
... knew it would be only a matter of time before the promoter would be calling the shots . Ever the pragmatist , though , he knew that ced- ing control to Friedland would save Diamond Fields a wrenching power struggle and put it in far ...
Page 120
... knew more about the scope of the deposit . While they waited , they would start mak- ing a lot of public noise about building a mining company , simulta- neously spreading the word about all the suitors ready to sue for Voisey's Bay ...
... knew more about the scope of the deposit . While they waited , they would start mak- ing a lot of public noise about building a mining company , simulta- neously spreading the word about all the suitors ready to sue for Voisey's Bay ...
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Common terms and phrases
acquire advisers agreed agreement Albert Chislett Archean Ashini assays began biggest Boulle's Bre-X called camp Canadian cent chairman Chislett and Verbiski Chris Verbiski claims company's copper core crew Davis Inlet deposit Diamond Fields directors discovery drill hole drill results earlier exploration Falconbridge February Feiner Galactic Garnett geologist Globe and Mail going gold gossan helicopter Huberman Inco Inco's Inco's board Innu investment investors Jean-Raymond Boulle John's junior mining Keevil Kerr knew Labrador land later lawyer Lindsay looked Marathon massive sulphides McDougall McMurrough meeting Mercaldo metres Mike Sopko million mineral mining companies months Nain negotiations Newfoundland nickel nickel prices offer penny-stock pentlandite Pickard play potential promoter prospectors Richard Garnett Robert Friedland rock selling share shareholders Sopko stake stock price Sudbury Summitville takeover talks Teck Teck's told Toronto Vancouver Vengold venture vice president Voisey's Bay wanted week