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To: stan_hughes who wrote (84892)6/11/2007 9:30:04 AM
From: Canuck Dave  Read Replies (1) | Respond to of 312875
 
Choose me! I like Dim Sum.

CD



To: stan_hughes who wrote (84892)6/13/2007 4:52:34 PM
From: dara  Read Replies (1) | Respond to of 312875
 
Analysts: Chinalco's bid for Peru Copper a good deal - Peru

bnamericas.com

The Cdn$840mn (US$792mn) all-cash offer by the Aluminum Corporation of China (Chinalco) to buy Peru Copper (TSX: PCR) and its Toromocho deposit is a good bid considering the size and high capex of the project, two analysts following the deal agree.

"It seems like a pretty good bid and probably the only one out there," Kerry Smith, analyst with Haywood Securities, told BNamericas.

On Monday (Jun 11) Peru Copper made public its unanimous board approval of the Cdn$6.60/share Chinalco offer. The Vancouver-based company's stock was trading around Cdn$6.46/share Tuesday afternoon.

(see link for the remainder of the article)