Looks like their bid for Falconbridge (FAL.LV-T) might be the one. In the meantime, the price of nickel is going up. Has good exposure to Asian demand. Also likes their assets in Voisey's Bay and Goreau. Even if the nickel price dosen't move, their production is going to increase 50% over the next 5 years.
Doesn't think there will be in it further offers on this. If you have an alternative investment you could go into, he would consider selling at this time, otherwise just hold.