Couldn't agree with you more Irishgold,
In addition, I would also think China is much more interested in securing long term commodity reserves in a safe country than screwing their minority shareholders around. I would think both Canadian and Chinese Governments would have had to give some sort of approvals for this deal to move forward.
Countries that think they can come in, buy majority stakes, and then go private taking advantage of minority shareholders would have a political nightmare to deal with. It would surely be a quick death for them in securing anymore long term commodities in Canada by using this tactic.
LBE has been given a great opportunity to show what it can do. Over the coming months we should see that plan laid out.
Without this deal, we would have had nothing.
Now we have a future, a strong partner and great possibilities to grow and expand
Best
Nickel