The Big Score: Robert Friedland, INCO, And The Voisey's Bay Hustle
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The Big Score: Robert Friedland, INCO, And The Voisey's Bay Hustle
From the windswept Labrador coast, where the massive nickel deposit was discovered, to the boardrooms of Singapore, Toronto, and Vancouver where the giant poker game for Diamond Fields was played out, the story behind Voisey's Bay has enormous economic significance for Canada and international financial markets.
One of the most intriguing elements was the takeover battle for Diamond Fields that pitted the conservative management team at the world's largest nickel company, Inco Ltd., against free-wheeling stock promoter Robert Friedland.
Also playing key roles in the race for Voisey's Bay were managers from the Bronfman-controlled Edper group, prominent Wall Street and Bay Street investment houses, and leading mutual funds.
