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Agoracom
The Small Cap Epicenter
The Small Cap Epicenter
AGORACOM WIRE - FRIDAY MAY 25TH, 2012
FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.
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INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More
AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More
LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013 Read More | *SPONSOR
We can always dream that something like this would happen to this stock!
Everything indicates that Lubin-based KGHM Polska Miedż will soon announced the purchase of an overseas deposit of copper ore.
The company has been negotiating for months with the owner of a copper mining company listed on the Toronto stock exchange.
"We are in the final phase of negotiations," said KGHM president Herbert Wirth.
"In principle we are settling the cosmetic aspects of the co-operation. We have reached an agreement on the most important matter: the price."
Mr Wirth declined to elaborate other than to say the price was "respectable."
KGHM is understood to be preparing to purchase shares in the deposit as well as a minority in the Canadian company, with the option of taking a controlling stake in future.
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