Nickel Stock list - KOAN
World nickel junior consolidaton, so I guess one should buy a bunch of the nickel juniors with reserves i.e.
NI,
MUM,
CML,
CRO,
FNI,
BMC,
LBE,
RNG!
The rapid consolidation of Canadian nickel companies continued yesterday as Sherritt International Corp. struck a $1.6-billion deal to buy Dynatec Corp., the latest stage in a takeover process that industry experts believe could continue until the junior and intermediate companies virtually disappear.
"If you're in the nickel business, either you grow by being aggressive on acquisitions or you get taken over," said David Davidson, an analyst at Paradigm Capital.
The nickel sector has been caught in takeover fever ever since the acquisitions of Inco Ltd. and Falconbridge Ltd. last year. But the momentum accelerated in the past month as LionOre Mining International Ltd. and Rio Narcea Gold Mines Ltd. agreed to takeover bids.
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