Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 1998-12-10
Length: 19 pages
Data source: Field research
Abstract
Mike Wilson and Jim Thompson of Northern Mining Inc, a Canadian-listed junior-mining company, deliberated carefully the prospect of acquiring the largest graphite deposit in Ontario, owned by Graphite Mining Corporation (GMC). GMC''s US parent company, the Jameson Corporation, had stopped mining operations in the previous year and then proceeded to sell its interest in GMC to Quebec-based graphite producer Graphcar Inc. Over the past five years, CDN$30 million had been spent in developing the mine and erecting a mill, and now Graphcar Inc was prepared to sell the mill for CDN$1.5 million. (A Microsoft Excel spreadsheet is available for use with this case, product 7A96B014.)
Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2003-07-31
Format:
.pdf
Data source: Field research
About
Abstract
Mike Wilson and Jim Thompson of Northern Mining Inc, a Canadian-listed junior-mining company, deliberated carefully the prospect of acquiring the largest graphite deposit in Ontario, owned by Graphite Mining Corporation (GMC). GMC''s US parent company, the Jameson Corporation, had stopped mining operations in the previous year and then proceeded to sell its interest in GMC to Quebec-based graphite producer Graphcar Inc. Over the past five years, CDN$30 million had been spent in developing the mine and erecting a mill, and now Graphcar Inc was prepared to sell the mill for CDN$1.5 million. (A Microsoft Excel spreadsheet is available for use with this case, product 7A96B014.)
Settings
Related
Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2003-07-31
Format:
.pdf
Data source: Field research