Equinox CEO says Offer for Lundin is Best Play

Reuters reported that the CEO of Equinox (AXS:EQN) said he believes the company’s bid to take over Lundin Mining (TSX:LUN) is more valuable than just the bid price.

The market news is quoted as saying:

Lundin’s 24.75 percent stake in Freeport’s massive Tenke-Fungurume copper-cobalt mine in the Democratic Republic of Congo and its Neves-Corvo copper-zinc mine in Portugal are assets that appeal to both Inmet and Equinox.

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