It's Act II in Gutnick's new Singapore sling A LISTED mining company controlled by colourful Melbourne magnate Joseph Gutnick has received a takeover bid from Singapore's LionGold, in a deal that bears a remarkable similarity to a failed offer last month for the entrepreneur's Merlin Diamonds. The cashed-up LionGold is well known in Australian mining circles, where it has left behind a string of failed deals to acquire several miners and explorers over the past two years.