![]() | |
Quote:
Quote:
BIG difference between the project and the company (well maybe not since shaft creek is their only project) but still two very different things |
Short the fuck outta SBAY. Ghetto china companies ftw. In at 2.34. |
Quote:
I'm just saying once the FS is out, the 120 days kick in. Teck has the option at that point to buy back in 25%/50%/75% (max). Depending on what Teck does, CUU may end up having 25% to 75% interest. Or Teck might just want to buy out CUU completely instead of just retaining 75% interest by paying $200 million and organizing the financing for CUU's share as well. IMO, why would Teck do all the work in putting the mine into production and giving CUU a 25% interest at the same time? Sorry I wasn't clear. haha |
ya but the last part isn't up to teck...they would have to do a deal with CUU on buying them out totatly seperatly...and why would CUU even want to sell out to teck? plus, i don't think teck has the money to buy them all out....it will be interesting to see if they can do the max 75% you're making it seem as though teck as the ability to do what ever they want the the CUU board just has to go along with it teck only has the ability to buy back in for 75% max.....nothing more you know the board of CUU will charge them a damn fine amount to buy out the whole thing....and teck won't be able to afford it CUU would sell their 25% to CIC (China Investment Corp) if anything....BILLIONS sitting waiting to be spent |
Yes the CUU board will charge them quite a bit for the whole thing. But the longer Teck waits to buy them out, the more they will end up paying. It's probably better for Teck to pay now for CUU and then sell portions back to say CIC. The problem is exactly what you said, whether it's enough for the CUU board. $1.5 billion? $5 billion? |
Quote:
I got out of Westport last week at $19 and it's up to $23 now. WOW. |
Quote:
On a side note, I bought some LUN at $7.10 on your recommendation, backed by my own DD. I see it closed at $8.33 Friday - thanks for the tip. I'll probably hold until mid next week, however, because when the big boys start dumping their shares LUN will drop very quickly. But that's if FCX doesn't step up to the plate and bid. |
suzuka84: What do you think of Lucara Diamond Corp (LUC)? Lukas Lundin just bought a million shares a few days ago: http://www.canadianinsider.com/coRep...php?ticker=luc |
Hmm. So April is here. CUU is still not even at $2 yet? :( Posted via RS Mobile |
Quote:
I don't follow any diamond companies as the whole diamond market boggles my mind - artificial demand and supply. |
lol oh shit EQN went up by 31.5% due to china's bid |
Quote:
edit: remember when i told you guys about RVC around 5$ =] look at it now |
nice to see OPL back up over $1....i just hope it's for good and that it holds this time |
Just picked up CSCO and NYB. Watching NVDA, waiting to reload again. |
do any of you guys follow Ngex? it's the exploration arm for Lundin Mining and it has been on a tear. I hope you guys got out of Lundin. China's bid for Equinox is contingent on the company dropping out of Lundin. You have to love these guys. There's no way any of them would sell the company during the financial crisis, now that things are back in full swing the hunters become the prey. |
Quote:
|
ooops. sorry wrong post. |
suzuka84, have you looked at LIM before? stocks been on a tear since late July. Low float, iron ore production starting this month, iron ore prices going up and up, and looks to be a good takeover candidate. Good management too. This is my favourite stock, been in since $3.94 :) :) in 2015 with appx. $9/share in earnings and applying a conservative p/e of 8, you get $72! I think this'll be a good place to park money for a while ;) |
in since $3.94...nice i'd like to hear more about this one for sure |
just looked at the chart, that is a NICE climb since aug is that when you got in? |
woahhhh CUU new 52wk high, wish I'd reloaded some more the other day Did anybody watch the BNN interview with Elmer (CEO)? Definitely seems to have been behind the pop http://watch.bnn.ca/#clip444799 |
WRPT (Westport) Halted |
Quote:
|
I knew they CUU planning to mine 120,000 tpd but keep the capacity to 150,000 tpd. I realize they're targeting 180,000 tpd capacity for the mine. |
http://finance.yahoo.com/news/Heckma....html?x=0&.v=1 HWR has issued a purchase order for 200 Peterbilt 367 liquefied natural gas (LNG) trucks incorporating Westport Heavy Duty Systems (Westport HD), from Westport Innovations Inc., a global leader in alternative fuel, low-emissions transportation technologies. |
All times are GMT -8. The time now is 02:57 AM. | |
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net