Thompson Creek Metals (Blue Pearl Mng)

Er erwähnt darin mal wieder unsere Perle, hier zur Info, wenn auch nix wirklich neues drin steht:

Im August 2006 wurde ich durch die Kollegen von www.Rohstoffraketen.de auf eine sehr interessante Aktie aufmerksam. Es handelte sich um Blue Pearl Mining (WKN A0F577). Der Kurs stand damals bei 1,50 Euro und ich war überzeugt von diesem Potential. Ich habe Blue Pearl Mining als die neue Kursrakete auf meiner Email-Hotline vorgestellt. Bei 3 Euro habe ich diese Kursrakete dann auch hier in meinem kostenlosen Newsletter Ihnen empfohlen!

Blue Pearl steht erst ganz am Anfang einer herausragenden Unternehmensentwicklung. Der Rohstoff Molybdän wird in Zukunft noch knapper werden, was Blue Pearl zugute kommen wird.

Molybdän (Mo) kommt meist als Molybdänit (MoS2) vor und gehört im eriodensystem der Elemente zur Chromgruppe. Molybdän ist ein hartes Metall und findet seine Hauptverwendung in der Härtung von Stahl. Blue Pearl ist fundamental bestens aufgestellt. Man ist auf das weltweit womöglich einzige Weltklasse Molybdän-Projekt mit hochgradigen Gehalten konzentriert. Es handelt sich um das Davidson-Projekt in der Nähe von Smithers in British Columbia (Kanada).

Wenn man sich das Unternehmen Blue Pearl Mining anschaut, dann muss man auch die erfolgreiche Übernahme von Thompson Creek erwähnen. Man hat den fünftgrößten Molybdän-Produzenten der Welt für 575 Mio. US-Dollar gekauft. Damit hat man nicht nur einen Jahresgewinn von über 350 Mio. US-Dollar gekauft, sondern auch Reserven in den Minen, die noch mindestens für weitere zehn Jahre ausreichen werden und eine der größten Erz-Verarbeitungsanlagen in Nordamerika. Zusätzlich hat man 150 Mio. US-Dollar Cash übernommen.


Man will nach 21 Mio. Pfund Moly in 2007 die Produktion 2008 auf 27 Mio. und 2009 auf 29 Mio. hochfahren.

Bleibt der Molypreis über 20 US-Dollar je Pfund, dürfte Blue Pearl in 2007 ca. 280 Mio. US-Dollar verdienen. Durch die sehr niedrige Bewertung wäre das Unternehmen für einen Großen der Branche immer noch ein attraktives Übernahmeziel.

Die Email-Hotline-Leser haben mit dieser Aktie inzwischen bis zu 300% Gewinn erzielt und Sie als kostenloser Newsletter-Leser konnten mit Blue Pearl Mining auch fast 100% erreichen. Sie selbst sehen aber wieder einmal, wo es die neuen Kursraketen zuerst gibt. Sie selbst entscheiden, ob Sie bei der nächsten Kursrakete 100% verdienen oder sogar 300%, wen, Sie als Email-Hotline-Leser zuerst von der neuen Kursrakete erfahren!

Blue Pearl Mining (WKN A0F577)





LG, Harley

Is nur zur Info! ;-)

LG, Harley

ich bin ein lemming, aber einer der neuen generation. ich kann selber denken. ich habe seinen bb, und finde das nicht schlimm. ich nutze ihn auch nur für infos und bilde nicht seine anlage nach. denn da kannst du nur verlieren.

und mal ehrlich, die kommen nun mal eher an infos ran wie wir. zum teil kennen die die leute persönlich und irgentwie gehen die auch immer eine symbiose ein.

denn keiner kann mehr ohne den anderen überleben.  

niedlich sind.:)

wie kommst du an mein foto? :P

noch nen nachtrag zu 803, blue kann inzwischen sehr wohl ohne bb leben, nur alle die den bekanntheitsgrad noch nicht erreicht haben sind eben auch auf bb´s angewiesen.

Genau so sehe ich das auch. ;-) Infos sind wichtig, egal, von wem sie kommen.
Und MF sowie RSR und wie sie alle heißen haben schon mehr Connections und Möglichkeiten,
an Infos ranzukommen, denke ich.

Wenn so die MF Lemminge aussehen, ich glaub, dann muß ich mir auch mal einen anschaffen. ;-)

LG, Harley

Management’s focus hasn’t changed. The priorities are to pay down the debt, expand the reserves at the mines, and bring Davidson into production.

On the moly price, we have said that the fundamentals look good to us for the next while, but we have not made a specific price forecast for 2007. The fact that the moly price is staying up near $25 a pound is encouraging for us. (A Chilean official recently predicted that it would decline but it hasn’t yet.)


Q4 results will be issued around the third week of March. Sojitz is our partner at Endako but there is nothing more to announce right now. We don’t have a schedule for news releases. We will issue them when there is something to say.

Please email again if you have further questions.

Regards,

Wayne Cheveldayoff

Director of Investor Relations

Blue Pearl Mining

Wie jeder sehen oder lesen kann, kann man unter anderem zu der Frage der Beteiligung von Sojitz right now keine weiteren Auskünfte erteilen.

Viele meiner Fragen wurden aber so beantwortet, dass man verstehen kann, was er damit zum Ausdruck bringen wollte.

Tatsache ist, dass die Fundamentaldaten herausragend sind und spätestens durch die geprüften Q4-Results Ende März bestätigt werden sollten. Bis dahin haben wir noch viele Börsentage und es ist nicht auszuschliessen, dass der Kurs weiter unter Druck gerät.

Ich empfehle daher allen Investierten, sich die Frage der Fragen zu stellen:
Würde ich ein solches Unternehmen mit diesen Rahmendaten zu dem heutigen Kurs immer noch kaufen ?

Ich denke, die Antwort wird bei jedem normalen User (der kein Trader ist) eindeutig mit "JA" zu beantworten sein.

Mittel- und langfristig könnten die Rahmenbedingungen nicht besser sein. Wir haben einen für diese Jahreszeit sehr hohen und vor allem sehr stabilen Moypreis, der im Laufe des Jahres deutlich anziehen sollte.

Was haben wir sonst noch in der Pipeline bzw. was sind die Rahmendaten?

- Ressourcenausweitung TC und Endako, längere Laufzeit der Minen
- Super PIT; drastische Steigerung der Produktion
- FS Davidson und Produktionsstart in 2008
- 1 Mio $ Gewinn am Tag (!!!)
- KGV von knapp 2
- Ausstehende Marktstudien der Brokerhäuser
- Steigender Molypreises bzw. Verbleib über 20 $/Pound
- Börsengang Molyproduzent in China
- 15 % Steuer auf Molyexport in China und entsprechende Folgen
- Verkauf freier Roasterkapazitäten
- ggf. 25 %-ige Betetiligung von Sojitz

Diese Aufzählung ist nicht abschliessend und soll nur einen groben Überblick über die fundamentalen Rahmendaten bieten. Chartex und viele andere User haben dies in den letzten Tagen mehrfach gepostet, daher nehme ich darauf Bezug.

Es macht wenig Sinn, sich über Kursrückgänge von 5 oder 10 % zu beklagen, diese gehören zum Börsengeschäft. Klar, ich hätte auchgerne bei 6,67 € verkauft, habe es aber nicht. Langfristig ist dies auch vollkommen egal, denn der Markt und auch die, die den Kurs gestern kurz vor Schluß mit unlimitierten Sellorders unter die 8 $ gedrückt haben, werden die massive Unterbewertung der Aktie nicht dauerhaft ignorieren können.

Die These, dass wir seit letzter Woche den Beginn einer Übernahme sehen, mag ich nicht zu teilen. Auch die Annahme, dass durch das gezielte Drücken in Kanada kurz vor Schluß eingesammelt werden soll, erscheint mir zweifelhaft. Wer sich den Umsatz in D in der Zeit von 09:00 - 15:30 Uhr anschaut, wird feststellen, dass in dieser Zeit in den letzten Wochen teilweise gerade mal 100000 Aktien gehandelt wurden.

Nun denn, wir werden es alle erfahren.

Ich für meinen Teil werde aus den oben dargestellten Gründen auf alle Fälle investiert bleiben, auch wenn es nochmals 10, 20 oder 30 Cent nach unten gehen sollte.

Ich habe natürlich für jeden Verständnis, der nun langsam in die Verlustzone rutschen könnte. Stellt euch aber dennoch die Frage aller Fragen und überlegt, ob es Sinn macht, ein Investment aus der Hand zu geben, was mittelfristig zwangsläufig zum Steigen verdammt sein wird.

In diesem Sinne wünsche ich euch allen ein baldiges Ende der Leidenszeit.



BPM-Fakten-Thread (Bitte Nur zum Lesen!)
http://www.ariva.de/board/281353

- das Sperren dieses Users löst schwere Depressionen bei der Blue Pearl Mannschaft aus -

schön zu sehen das hier keiner am  heulen ist....in unserer manschaft sind keine landratten mehr,also augen zu und durch *fassrumaufmach*

stay long
stay blue
mfg
me

mal wieder 2 cent mein abstauber limit über tiefstand gesetzt....so werde ich nie meinen letzten trade für dieses jahr schaffen *gg*

mfg
me

jetzt bringst du mich in eine zwickmühle.

soll ich dich jetzt bedauern oder mich für uns alle freuen?

sorry, aber ich glaube ich freue mich für uns. noch.  

bin ja nicht wirklich traurichhhhhhhhhhhhhhhhhhhhhhhh ;-)
mir is dat so auch lieber *gg*
so,und wehe die blöden mountis ziehen heute nicht mit :p

Börsenplatz   Frankfurt

Datum   30.01.07

Abfrage   30.01.07 15:55:16

Kursstellung   30.01.07 15:55

Kurs   5,23

Gehandelte Stücke   264.417

Währung   EUR

mfg
me

for a company with a market capitalization of around $100-million.



“When you start talking price, it was clear that a company like Blue Pearl,

a $100-million market cap, would need an innovative financial solution to

afford the transaction,” said Jim Estey, president and chief executive of

UBS Securities Canada. “Blue Pearl looked to UBS, and said, 'What could you

lend against these assets?' It was on the back of us being able to lend a

certain amount that this deal could go through.” The story begins when Ian

McDonald, who had previously founded mining firms Wheaton River Minerals

Ltd. and Glencairn Gold Corp., bought the Davidson Project, a molybdenum

exploration property near Smithers, B.C.



“When we negotiated it in April, 2004, moly was at about US$14 per pound [it

is now trading in the US$25 per pound range]. Timing in life is the most

important thing, and we were certainly very fortunate,” Mr. McDonald said.



Downstream from Mr. McDonald¹s property was Endako, a producing molybdenum

mine majority-owned by 72-year-old Steven Mooney. The founder of Thompson

Creek, Mr. Mooney also owned another molybdenum mine in Idaho and an ore

processing facility.



When the Davidson mine went into production, Mr. McDonald hoped to be able

to haul his ore for treatment at Mr. Mooney¹s smelter. While the companies

were hammering out a deal Blue Pearl came out with good exploration results,

its stock went up, and Mr. McDonald¹s thoughts instead turned to an

acquisition.



“I made them an offer to buy Endako. Mooney came back and said 'If you can

raise that much money, because you don't have any of it right now, why don¹t

you raise enough to buy the whole thing?'” For Mr. McDonald, who calls

himself “a guy who loves the deal,” it was an exciting but daunting

suggestion. He enlisted the help of  GMP, who he had worked with in the past

at Wheaton River.



“All of a sudden Ian¹s in this situation where he¹s saying 'Holy cow, we can

buy the whole thing, but its gonna¹ cost us a half a billion bucks. Can we

do it?'" Mr. Wellings said. With its institutional and retail client base,

large trading desk and experience in the mining sector, GMP was confident it

could sell the equity portion of the deal.



At the same time, Mr. Mooney had enlisted the help of the Canadian arm of

Swiss investment bank UBS Securities to assist with the sale process. With

its global mining expertise and access to the well-developed U.S debt

market, UBS had the confidence to commit to the debt financing portion of

the deal.



“It was a transaction that involved 30 plus people at UBS,” said Ted Larkin,

managing director and head of equity capital markets at UBS. “You had the

commodity group that understood molybdenum. You had the credit team that

visited all these assets and did the due diligence to make sure we could

lend against them.” The combination of an international bank on the debt

side and a domestic bank on the equity side made a lot of sense, and was

similar to the team-up of GMP and Credit Suisse First Boston when HudBay

Minerals Inc. bought Hudson Bay Mining and Smelting Co. in 2004, said Paul

Stein, a securities lawyer at Cassels Brock who worked on both transactions.



“The strength and the value-add of UBS was that the vendor had confidence in

them. They were able to stand up on the debt side to get the deal done,” he

said. “On the equity side the power of that syndicate came from GMP, so it

was a very interesting combination.” Mr. McDonald and the investment bankers

visited seven cities in 12 days, holding 75 meetings during that time to

sell the deal to investors. “When you¹re raising $230-million for a

$100-million market-cap company you don¹t leave any stones unturned,” Mr.

Estey said.



Blue Pearl ended up funding the purchase with a $230-million public equity

offering, a US$405-million term debt facility and a US$35-million equity

sale to one of the vendors of Thompson Creek. In addition to the

US$575-million purchase price, Mr. Mooney will receive an additional payment

of US$125-million in early 2008 if the price of molybdenum doesn't fall

dramatically.



The equity portion of the offering rose due to strong demand from investors,

even though Blue Pearl was able to price it much higher than originally

expected because the stock soared after the acquisition was announced.



“It was quite extraordinary to see a stock rally in the face of a sizeable

equity issue,” said Mr. Wellings. “Everyone was interested, we have had

clients calling in from everywhere even though we haven¹t provided

research.” Mr. McDonald attributes meeting Mr. Mooney¹s criteria, which

included a relatively short time line, an all-cash bid and few staff cuts,

for helping him seal the deal. This was despite the presence of rival

bidders with deeper pockets, rumoured to have included other miners, private

equity firms, and billionaire Warren Buffett.



Blue Pearl was recently added to the S&P/TSX composite index. Mr. McDonald

is now executive chairman, while former Thompson Creek executive Kevin

Loughery has taken on the roles of president and chief executive.



Mr. McDonald acknowledges that Blue Pearl itself is probably a takeover

target, but says the company is focused on its operations, with plans

including the possible expansion of the Endako mine and completing the final

feasibility study for the Davidson property.



Financial Post

lmcleod@nationalpost.com







© Financial Post 2007

spinnen die schon wieder, oder was?
kurs can meine ich.

die spinnen nich. Is bloß Sonderaktion heute. Alle BP-shares heute zum halben Preis.
(Nur zur Sicherheit: Das is ein Scherz)

ward ihr auch so nervös als es im feb 2006 von ca 2,60 auf ca 1,40 im mai runterging ?
heute kann man drüber lachen - und genauso wird es in einem jahr sein, wenn es um den momentanen durchhänger geht, der (wie ich heute schon mal schrieb) angeblich bis ca 4,80 gehen kann.

monkey wer ist denn hier nervös?

Wir sind doch alle gut drauf, oder ?

Ich finde auch, gibt überhaupt keinen Grund, nicht gut drauf zu sein.
Geht doch schon wieder rauf mit dem Kurs, schon wieder bei 5,30 Euronen. ;-)


LG, Harley

im W:O gelesen ;-)

mfg
me


This article appeared on January 30, 2007, in a special Dealmakers section of the Financial Post, which is the business section of the National Post published in Toronto, Canada.

Best Regards, Wayne Cheveldayoff
Director of Investor Relations
Blue Pearl Mining Ltd.

wcheveldayoff@bluepearl.ca
www.bluepearl.ca

www.canada.com/nationalpost/financialpost/...cde439a1f&k=31923

A Blue Pearl of a deal UBS,GMP help small molybdenum producer become a giant Lori McLeod Financial Post

As Canada lamented the sale of some of its biggest mining companies to international rivals last year, an unlikely deal vaulted homegrown Blue Pearl Mining Co. on to the world stage.

Formerly a shell with just three employees, Blue Pearl transformed itself into a giant pure-play molybdenum miner through the purchase of a company worth six times its value. Molybdenum, or moly as it is called in the industry, is a metal used to make such products as high-strength, corrosion-resistant steel used in skyscrapers and pipelines.

Investors and industry watchers have lauded Blue Pearl\'s purchase of Thompson Creek Metals Co. for creating a world-class mining company, and sent the stock soaring to the $8-to-$10-range recently, five times where it was trading a year ago.

"To have two producing mines generating significant cash flow and being vended into a small company was very attractive," said Mark Wellings, managing director of investment banking at GMP Securities L.P., which co-led the financing for the acquisition with UBS Securities Canada Inc.

"You had two recognized operations that were large open pits, with all the equipment, mills and associated processing facilities. These are real world-class moly mines." The purchase of Thompson Creek by its smaller peer required a significant fundraising effort, with investment banks GMP and UBS helping Blue Pearl secure US$575-million in equity and debt, a huge amount for a company with a market capitalization of around $100-million.

"When you start talking price, it was clear that a company like Blue Pearl, a $100-million market cap, would need an innovative financial solution to afford the transaction," said Jim Estey, president and chief executive of UBS Securities Canada. "Blue Pearl looked to UBS, and said, \'What could you lend against these assets?\' It was on the back of us being able to lend a certain amount that this deal could go through." The story begins when Ian McDonald, who had previously founded mining firms Wheaton River Minerals Ltd. and Glencairn Gold Corp., bought the Davidson Project, a molybdenum exploration property near Smithers, B.C.

"When we negotiated it in April, 2004, moly was at about US$14 per pound (it is now trading in the US$25 per pound range). Timing in life is the most important thing, and we were certainly very fortunate," Mr. McDonald said.

Downstream from Mr. McDonald\'s property was Endako, a producing molybdenum mine majority-owned by 72-year-old Steven Mooney. The founder of Thompson Creek, Mr. Mooney also owned another molybdenum mine in Idaho and an ore processing facility.

When the Davidson mine went into production, Mr. McDonald hoped to be able to haul his ore for treatment at Mr. Mooney\'s smelter. While the companies were hammering out a deal Blue Pearl came out with good exploration results, its stock went up, and Mr. McDonald\'s thoughts instead turned to an acquisition.

"I made them an offer to buy Endako. Mooney came back and said \'If you can raise that much money, because you don\'t have any of it right now, why don\'t you raise enough to buy the whole thing?\'" For Mr. McDonald, who calls himself "a guy who loves the deal," it was an exciting but daunting suggestion. He enlisted the help of GMP, who he had worked with in the past at Wheaton River.

"All of a sudden Ian\'s in this situation where he\'s saying \'Holy cow, we can buy the whole thing, but its gonna\' cost us a half a billion bucks. Can we do it?\'" Mr. Wellings said. With its institutional and retail client base, large trading desk and experience in the mining sector, GMP was confident it could sell the equity portion of the deal.

At the same time, Mr. Mooney had enlisted the help of the Canadian arm of Swiss investment bank UBS Securities to assist with the sale process. With its global mining expertise and access to the well-developed U.S debt market, UBS had the confidence to commit to the debt financing portion of the deal.

"It was a transaction that involved 30 plus people at UBS," said Ted Larkin, managing director and head of equity capital markets at UBS. "You had the commodity group that understood molybdenum. You had the credit team that visited all these assets and did the due diligence to make sure we could lend against them." The combination of an international bank on the debt side and a domestic bank on the equity side made a lot of sense, and was similar to the team-up of GMP and Credit Suisse First Boston when HudBay Minerals Inc. bought Hudson Bay Mining and Smelting Co. in 2004, said Paul Stein, a securities lawyer at Cassels Brock who worked on both transactions.

"The strength and the value-add of UBS was that the vendor had confidence in them. They were able to stand up on the debt side to get the deal done," he said. "On the equity side the power of that syndicate came from GMP, so it was a very interesting combination." Mr. McDonald and the investment bankers visited seven cities in 12 days, holding 75 meetings during that time to sell the deal to investors. "When you\'re raising $230-million for a $100-million market-cap company you don\'t leave any stones unturned," Mr. Estey said.

Blue Pearl ended up funding the purchase with a $230-million public equity offering, a US$405-million term debt facility and a US$35-million equity sale to one of the vendors of Thompson Creek. In addition to the US$575-million purchase price, Mr. Mooney will receive an additional payment of US$125-million in early 2008 if the price of molybdenum doesn\'t fall dramatically.

The equity portion of the offering rose due to strong demand from investors, even though Blue Pearl was able to price it much higher than originally expected because the stock soared after the acquisition was announced.

"It was quite extraordinary to see a stock rally in the face of a sizeable equity issue," said Mr. Wellings. "Everyone was interested, we have had clients calling in from everywhere even though we haven\'t provided research." Mr. McDonald attributes meeting Mr. Mooney\'s criteria, which included a relatively short time line, an all-cash bid and few staff cuts, for helping him seal the deal. This was despite the presence of rival bidders with deeper pockets, rumoured to have included other miners, private equity firms, and billionaire Warren Buffett.

Blue Pearl was recently added to the S&P/TSX composite index. Mr. McDonald is now executive chairman, while former Thompson Creek executive Kevin Loughery has taken on the roles of president and chief executive.

Mr. McDonald acknowledges that Blue Pearl itself is probably a takeover target, but says the company is focused on its operations, with plans including the possible expansion of the Endako mine and completing the final feasibility study for the Davidson property.

Financial Post lmcleod@nationalpost.com

(C) Financial Post 2007

- 30 -

FOR FURTHER INFORMATION PLEASE CONTACT:

Blue Pearl Mining Ltd.

INDUSTRY: Manufacturing and Production - Mining and Metals
SUBJECT: STK - STOCK/OTHER MARKET NEWS

Habe ich gerade als e-mail bekommen:

This article appeared on January 30, 2007, in a special Dealmakers section of the Financial Post, which is the business section of the National Post published in Toronto, Canada.

Best Regards, Wayne Cheveldayoff
Director of Investor Relations
Blue Pearl Mining Ltd.

wcheveldayoff@bluepearl.ca
www.bluepearl.ca

www.canada.com/nationalpost/financialpost/...cde439a1f&k=31923

A Blue Pearl of a deal UBS,GMP help small molybdenum producer become a giant Lori McLeod Financial Post

As Canada lamented the sale of some of its biggest mining companies to international rivals last year, an unlikely deal vaulted homegrown Blue Pearl Mining Co. on to the world stage.

Formerly a shell with just three employees, Blue Pearl transformed itself into a giant pure-play molybdenum miner through the purchase of a company worth six times its value. Molybdenum, or moly as it is called in the industry, is a metal used to make such products as high-strength, corrosion-resistant steel used in skyscrapers and pipelines.

Investors and industry watchers have lauded Blue Pearl\'s purchase of Thompson Creek Metals Co. for creating a world-class mining company, and sent the stock soaring to the $8-to-$10-range recently, five times where it was trading a year ago.

"To have two producing mines generating significant cash flow and being vended into a small company was very attractive," said Mark Wellings, managing director of investment banking at GMP Securities L.P., which co-led the financing for the acquisition with UBS Securities Canada Inc.

"You had two recognized operations that were large open pits, with all the equipment, mills and associated processing facilities. These are real world-class moly mines." The purchase of Thompson Creek by its smaller peer required a significant fundraising effort, with investment banks GMP and UBS helping Blue Pearl secure US$575-million in equity and debt, a huge amount for a company with a market capitalization of around $100-million.

"When you start talking price, it was clear that a company like Blue Pearl, a $100-million market cap, would need an innovative financial solution to afford the transaction," said Jim Estey, president and chief executive of UBS Securities Canada. "Blue Pearl looked to UBS, and said, \'What could you lend against these assets?\' It was on the back of us being able to lend a certain amount that this deal could go through." The story begins when Ian McDonald, who had previously founded mining firms Wheaton River Minerals Ltd. and Glencairn Gold Corp., bought the Davidson Project, a molybdenum exploration property near Smithers, B.C.

"When we negotiated it in April, 2004, moly was at about US$14 per pound (it is now trading in the US$25 per pound range). Timing in life is the most important thing, and we were certainly very fortunate," Mr. McDonald said.

Downstream from Mr. McDonald\'s property was Endako, a producing molybdenum mine majority-owned by 72-year-old Steven Mooney. The founder of Thompson Creek, Mr. Mooney also owned another molybdenum mine in Idaho and an ore processing facility.

When the Davidson mine went into production, Mr. McDonald hoped to be able to haul his ore for treatment at Mr. Mooney\'s smelter. While the companies were hammering out a deal Blue Pearl came out with good exploration results, its stock went up, and Mr. McDonald\'s thoughts instead turned to an acquisition.

"I made them an offer to buy Endako. Mooney came back and said \'If you can raise that much money, because you don\'t have any of it right now, why don\'t you raise enough to buy the whole thing?\'" For Mr. McDonald, who calls himself "a guy who loves the deal," it was an exciting but daunting suggestion. He enlisted the help of GMP, who he had worked with in the past at Wheaton River.

"All of a sudden Ian\'s in this situation where he\'s saying \'Holy cow, we can buy the whole thing, but its gonna\' cost us a half a billion bucks. Can we do it?\'" Mr. Wellings said. With its institutional and retail client base, large trading desk and experience in the mining sector, GMP was confident it could sell the equity portion of the deal.

At the same time, Mr. Mooney had enlisted the help of the Canadian arm of Swiss investment bank UBS Securities to assist with the sale process. With its global mining expertise and access to the well-developed U.S debt market, UBS had the confidence to commit to the debt financing portion of the deal.

"It was a transaction that involved 30 plus people at UBS," said Ted Larkin, managing director and head of equity capital markets at UBS. "You had the commodity group that understood molybdenum. You had the credit team that visited all these assets and did the due diligence to make sure we could lend against them." The combination of an international bank on the debt side and a domestic bank on the equity side made a lot of sense, and was similar to the team-up of GMP and Credit Suisse First Boston when HudBay Minerals Inc. bought Hudson Bay Mining and Smelting Co. in 2004, said Paul Stein, a securities lawyer at Cassels Brock who worked on both transactions.

"The strength and the value-add of UBS was that the vendor had confidence in them. They were able to stand up on the debt side to get the deal done," he said. "On the equity side the power of that syndicate came from GMP, so it was a very interesting combination." Mr. McDonald and the investment bankers visited seven cities in 12 days, holding 75 meetings during that time to sell the deal to investors. "When you\'re raising $230-million for a $100-million market-cap company you don\'t leave any stones unturned," Mr. Estey said.

Blue Pearl ended up funding the purchase with a $230-million public equity offering, a US$405-million term debt facility and a US$35-million equity sale to one of the vendors of Thompson Creek. In addition to the US$575-million purchase price, Mr. Mooney will receive an additional payment of US$125-million in early 2008 if the price of molybdenum doesn\'t fall dramatically.

The equity portion of the offering rose due to strong demand from investors, even though Blue Pearl was able to price it much higher than originally expected because the stock soared after the acquisition was announced.

"It was quite extraordinary to see a stock rally in the face of a sizeable equity issue," said Mr. Wellings. "Everyone was interested, we have had clients calling in from everywhere even though we haven\'t provided research." Mr. McDonald attributes meeting Mr. Mooney\'s criteria, which included a relatively short time line, an all-cash bid and few staff cuts, for helping him seal the deal. This was despite the presence of rival bidders with deeper pockets, rumoured to have included other miners, private equity firms, and billionaire Warren Buffett.

Blue Pearl was recently added to the S&P/TSX composite index. Mr. McDonald is now executive chairman, while former Thompson Creek executive Kevin Loughery has taken on the roles of president and chief executive.

Mr. McDonald acknowledges that Blue Pearl itself is probably a takeover target, but says the company is focused on its operations, with plans including the possible expansion of the Endako mine and completing the final feasibility study for the Davidson property.

Financial Post lmcleod@nationalpost.com

(C) Financial Post 2007

- 30 -

FOR FURTHER INFORMATION PLEASE CONTACT:

Blue Pearl Mining Ltd.

INDUSTRY: Manufacturing and Production - Mining and Metals
SUBJECT: STK - STOCK/OTHER MARKET NEWS


Schon bekannt???

Aber des ist schon ein alter Hut! :)

du warst doch etwas schneller.

Pichon

Captain kein Rum mehr für die Crew...ich sehe auch schon alles doppelt äh dreifach.:)

wenn ich die einstelle dann ist die neu....KLAR *gg*
schlaf deinen rausch unter deck aus,hast heute ja nen guten kurs vorgelegt ;-)

mfg
me