Like I said earlier, and this is my opinion only...
A tonne of uncertainty is gone, the markets hate that. We are partnerred with a gem in TECK, the market loves that ! I think we have a great stock for the longterm, but we also have the upside of a buyout by TECK, and they won't let us go, no matter what.
TECK will be able to tell there shareholders that they dont want a partner, whoever CUU is talking too, and they will tell there shareholders they were forced to pay the price...as an example if someone is willing to pay $3.00 for our shares (25% stake), they must see the value, and if they see the value of riding TECKs coat tails, then surely, TECK having 100% must make sense.
Back to the markets. I think the insiders will respond, I think lots of BNN activity will help the SP respond...and I hope Elmer doesnt screw up the teleconferewnce tomorrow...(someone please lace his coffee with some cocaine!)
I bet the insiders are baffled on how this stock didnt climb over $1.00 and will be buying like there is a "buy one get one free" sale on!
Legger (fantastic mr fox)