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Quote  |  Bullboard  |  News  |  Opinion  |  Level II  |  Charts  |  Profile  |  Financials  |  Options  |  Price History

Inmet Mining Corporation T.IMN

Sector: Metals & Mining | Sub-Sector: Industrial Metals & Minerals
Alternate Symbol(s):  IEMMF

Price: N/A | Change: N/A | %Change: N/A
Volume: 0 | Day High/Low: N/A/N/A | 52 Week High/Low: 75.40/37.01
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What i don't get is why is IMN trading at a 2.80 premium if FM has to buy all the shares at $70 or higher.  rate and reply
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RE: RE: RE: RE: RE: RE: The last word from me

sorry i thought today was April 9   Inmet Mining to delist from TSX April 9 2013-04-05 18:10 ET - Shares Delisted from TSX   Inmet Mining Corp. will delist from the Toronto Stock Exchange at the close...read more
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RE: RE: RE: RE: RE: The last word from me

Today is last day.  rate and reply
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RE: RE: RE: RE: The last word from me

why is IMN still being traded? I thought Friday was the last day  rate and reply
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RE: RE: RE: The last word from me

I faintly hope FM sweetens the pot by the end of the day to lure the last remaining holdouts to sell shares, hah  rate and reply
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RE: RE: The last word from me

Call me a fooI but I bought IMN today hoping to get $72 from FM. Tomorrow is the last day it trades, see what happens.  rate and reply
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RE: The last word from me

Thanks for all your advice Brian. I agree, its sad how Inmet's board just quietly went away and resigned and now recommends the tender.  Too funny and sad at the same time. Although right now the cash...read more
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The last word from me

First Quantum was lucky...Inmet's management were not up to the task of either defending Inmet from acquisition or negotiating a better deal for the shareholders. In retrospect, Inmet shareholders...read more
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RE: RE: RE: RE: RE: tendered shares

I feel both issues are going to trade around the offer price until Thursday. After the deal is consumated, I think First Quantum is going to trade up ahead of the market, provided, of course, that the...read more
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RE: RE: RE: RE: tendered shares

Thanks Brian, sorry for my stupidity :) I find those PR's very hard to understand and never been through something like this. I too tendered all in cash never thinking that the price would reach 72...read more
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RE: RE: RE: tendered shares

Think of it this way. First Quantum have put on the table half the offer in cash and the other half in shares. If half the shares tendered ask for cash and the other half shares in FM...everyone gets...read more
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RE: RE: tendered shares

The wording to me is very vague.  They say that we can do this OR that, but at the end they say that it will be part cash and part shares.  I do realize they are limited depending on the amount of...read more
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RE: tendered shares

asian....Here's the pertinent text from the offer by First Quantum, which limits the amount of cash and shares that will be used in the deal: Under the Offer, each holder of Inmet Shares (a...read more
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tendered shares

Can I confirm what Brian said earlier, that no matter what option you choose, cash, shares/cash and shares, FM will decide what to give the shareholders? Right now my tender is in case 72 dollars but...read more
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RE: RE: RE: RE: Financial Post article

Every management group looks out for themselves first, in Inmet's case they simply were not very good at it.  Had they endeavored to cooperate for a friendly takeover you can be assured that the net...read more
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RE: RE: RE: Financial Post article

Most of these mining outfits are the same. Management is only concerned with how they can take care of themselves, they could care less about the shareholders. I don't think there's any doubt if Inmet...read more
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RE: RE: Financial Post article

Well, I guess as Inmet shareholders, we were had. Let's hope First Quantum takes better care of us as FM shareholders, because all of us are going to get some and I suggest you hang on to it for a...read more
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RE: Financial Post article

Inmet management hasn't done anything in this whole process. IMO all they are concerned with is keeping their jobs and it's pretty evident now that's not going to happen. As you say they could have...read more
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Tilk deserves to be unemployed!

Base-metals miner First Quantum Minerals on Tuesday said it expected to close its C$5.1-billion hostile takeover bid for Inmet Mining on March 21, after unveiling Inmet shareholders had tendered about...read more
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Financial Post article

http://business.financialpost.com/2013/03/12/first-quantum-extends-inmet-offer-as-61-45-of-shares-tendered-to-bid/ Great article about how FM played things well (even if it was considered cold and...read more