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Big Score: Robert Friedland, Inco, and the Voisey's Bay Hustle
 
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Big Score: Robert Friedland, Inco, and the Voisey's Bay Hustle [Hardcover]

Jacquie McNish (Author)
4.9 out of 5 stars  See all reviews (10 customer reviews)


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Book Description

October 20, 1998
Voisey's Bay is the site of a massive nickel deposit whose vast potential has riveted the attention of the international business world. The discovery of the deposit in Labrador, the struggles for controlling interest in it, and especially the extraordinary players involved drive this amazing business story, which often reads like a suspense novel.

At the centre is Robert Friedland, an ex-hippie and disgraced Vancouver stock promoter, who by sheer luck ended up holding all the cards in a high-stakes poker game that pitted some of the world's most powerful and conservative mining companies against each other.

When news of the Voisey's Bay motherlode began to circulate, nickel giants such as Inco and Falconbridge were swept up in the excitement, competing in a series of takeover bids for control of Diamond Fields, the company that controlled the find. It all culminated in Inco's winning $4.3-billion offer, the largest takeover price ever paid for mining property.

But was the deal one of the riskiest gambles in business history?

From Namibia and Singapore to the boardrooms of Toronto and Vancouver, The Big Score uncovers the big money deals, the power struggles, and the hype in an immaculately researched and compelling drama of international intrigue.

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Editorial Reviews

Review

"It is, quite simply, the best Canadian business book that I have read in many years." --The Vancouver Sun

"Jacquie McNish is an engaging writer--.The Big Score reads like a thriller." --The Globe and Mail




From the Trade Paperback edition.

From the Inside Flap

Voisey's Bay is the site of a massive nickel deposit whose vast potential has riveted the attention of the international business world. The discovery of the deposit in Labrador, the struggles for controlling interest in it, and especially the extraordinary players involved drive this amazing business story, which often reads like a suspense novel.

At the centre is Robert Friedland, an ex-hippie and disgraced Vancouver stock promoter, who by sheer luck ended up holding all the cards in a high-stakes poker game that pitted some of the world's most powerful and conservative mining companies against each other.

When news of the Voisey's Bay motherlode began to circulate, nickel giants such as Inco and Falconbridge were swept up in the excitement, competing in a series of takeover bids for control of Diamond Fields, the company that controlled the find. It all culminated in Inco's winning $4.3-billion offer, the largest takeover price ever paid for mining property.

But was the deal one of the riskiest gambles in business history?

From Namibia and Singapore to the boardrooms of Toronto and Vancouver, The Big Score uncovers the big money deals, the power struggles, and the hype in an immaculately researched and compelling drama of international intrigue.


Product Details

  • Hardcover: 368 pages
  • Publisher: Doubleday Canada; First Edition edition (October 20, 1998)
  • Language: English
  • ISBN-10: 0385257589
  • ISBN-13: 978-0385257589
  • Product Dimensions: 9 x 6.2 x 1.3 inches
  • Shipping Weight: 1.4 pounds
  • Average Customer Review: 4.9 out of 5 stars  See all reviews (10 customer reviews)
  • Amazon Best Sellers Rank: #1,011,288 in Books (See Top 100 in Books)

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Customer Reviews

10 Reviews
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Average Customer Review
4.9 out of 5 stars (10 customer reviews)
 
 
 
 
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4 of 4 people found the following review helpful:
5.0 out of 5 stars Well Researched, February 27, 1999
By A Customer
This review is from: Big Score: Robert Friedland, Inco, and the Voisey's Bay Hustle (Hardcover)
I was lucky enough to work on the Voisey's Bay discovery. Jacquie interviewed almost all of the players; she did did an excellent job of catching the excitement we all felt in Labrador during 1994-1995. Her book tends to confirm many "rumors" too.
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3 of 3 people found the following review helpful:
4.0 out of 5 stars Well written and very accurate, September 14, 1999
By A Customer
This review is from: Big Score: Robert Friedland, Inco, and the Voisey's Bay Hustle (Hardcover)
Although it starts out a bit slow, it is a well written and , for the most part, accurate. I worked at INCO and was involved in the early stages of the acquisition and can say that the description of events and personalities was very accurate.
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2 of 2 people found the following review helpful:
5.0 out of 5 stars How to turn caribou pasture into a cool $4 billion, March 6, 2006
By 
P. Preston (San Francisco) - See all my reviews
(REAL NAME)   
This review is from: Big Score: Robert Friedland, Inco, and the Voisey's Bay Hustle (Hardcover)
Simply captivating and better written than a Canadian mining story has any right to be.

About how a gang of off-beat penny stock mining promoters (led by "Toxic Bob" Friedland, ex-hippie, convicted LSD dealer, alleged environmental disaster perpetrator and one time school chum of Steve Jobs) took some of the world's largest mining companies on a dizzying auction for some desolate caribou pasture that just happened to contain some of the richest ore deposits ever discovered.

Bob Friedland is the loadstar of the story: a vain and loathsome character but brilliant as an auctioneer of fear and greed as he escalates the bidding into the stratosphere.

This book contains some valuable lessons for executives and the stock buying public. For executives: have your temperature checked regularly for "deal fever": walk away when the bidding gets too intense, you're probably overpaying. For the public: Beware of Toxic Bob's inside tips that to prop up an overvalued stock you need a dynamic impressario with a "good story" and some theatrical "props". Brings to mind certain Silicon Valley impressarios....



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