In 2005, hedge-fund manager David Brown of Galileo Capital spots a rare opportunity. China's voracious appetite for copper is flooding Red Metal Corporation with cash, and Red Metal CEO Jeff Fowler appears hell-bent on leaving most of it in the bank. Fowler knows the boom-and-bust cycles of the copper-mining business, and he plans to hoard cash to make it through the next downturn. After buying up a big chunk of Red Metal stock, Brown gives Fowler an ultimatum: Make smart investments with the money, or return it to shareholders. If you don't, Galileo will find someone to acquire Red Metal,...
In 2005, hedge-fund manager David Brown of Galileo Capital spots a rare opportunity. China's voracious appetite for copper is flooding Red Metal Corpo...
