The Business and Financial Forum THIS SPACE OPEN FOR ADVERTISEMENT. YOU SHOULD BE ADVERTISING HERE!
Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance. |
 | | 
08-08-2011, 08:48 AM
|
#4851 | | Need my Daily Fix of RS
Join Date: Jan 2006 Location: .
Posts: 290
Thanked 6 Times in 5 Posts
Failed 0 Times in 0 Posts
|
well they could get 75% working interest in the mine for 200M but why would they do that. It is in Teck's interested and ours to just get a straight buy out. In the long run Teck would be making more money. Say the mine is worth 30billion when mined out, we hold ~25% (i don't remember the liard agreement so lets just say 25) we would make about 7.5billion in the long run, whereas Tech could probably buy us out at 3billion now. It would be in Teck interest to do it. This is with the 2007 numbers so if we used the 2011 numbers the mine would be worth over 60b and the 25% would be 15B. All expense will be paid by Teck so we are pretty much free riding in this situation.
and i agree with you the buyout will be around 6-8$. I used an online calcuator and got a NPV of ~3.2B. Teck has 3.7 billion cash sitting right now and they are just waiting for the bfs to make the decision.
| 
|  | |
08-08-2011, 09:09 AM
|
#4852 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
|
True.. I'm calculating conservatively based on the 2007 numbers.
With the higher grade of the RE ->faster payback period -> higher NPV
Higher commodities prices ->higher NPV
Any other additional resources discovered from now till BFS ->higher NPV
This would add to the buyout vale.
| |
| | |
08-08-2011, 09:18 AM
|
#4853 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,680
Thanked 772 Times in 387 Posts
Failed 152 Times in 50 Posts
|
$6-ish...oh man, i'll buy you dinner if that happens
***not a serious offer lol
| |
| | |
08-08-2011, 09:27 AM
|
#4854 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
|
$6ish...you can find me at spearmint/sapphire in Vegas. lol
| |
| | |
08-08-2011, 09:50 AM
|
#4855 | | Need my Daily Fix of RS
Join Date: Jan 2006 Location: .
Posts: 290
Thanked 6 Times in 5 Posts
Failed 0 Times in 0 Posts
|
rs dinner @ 6$? haha
looks like a wild ride to the bfs though. Everything i'm looking at is red. I think cuu still has room to drop @ 1.38; there is no support. On the bright side stifel was buying this morning...
| |
| | |
08-08-2011, 10:14 AM
|
#4856 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
|
pretty sure the spread between the 10 year treasury and sp500 dividend yield is the widest we've seen in years
| |
| | |
08-08-2011, 10:22 AM
|
#4857 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
|
Financials are getting hit hard today.
| |
| | |
08-08-2011, 10:25 AM
|
#4858 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
|
I am just glad I sold my GS at 134 for a small loss. What a crazy drop man. C is down 11% today WTF.
| |
| | |
08-08-2011, 10:32 AM
|
#4859 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
|
^yeah I should've sold my C in the 40s. Perfect rebuying level right now.
| |
| | |
08-08-2011, 10:58 AM
|
#4860 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,680
Thanked 772 Times in 387 Posts
Failed 152 Times in 50 Posts
| Quote:
Originally Posted by highfive  $6ish...you can find me at spearmint/sapphire in Vegas. lol | group RS/CUU meet for sure
| |
| | |
08-08-2011, 10:59 AM
|
#4861 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,680
Thanked 772 Times in 387 Posts
Failed 152 Times in 50 Posts
|
how many shares of CUU you guys have?
| |
| | |
08-08-2011, 11:07 AM
|
#4862 | | Need my Daily Fix of RS
Join Date: Jan 2006 Location: .
Posts: 290
Thanked 6 Times in 5 Posts
Failed 0 Times in 0 Posts
|
Obama's speech was pointless... didn't really say anything new.
| |
| | |
08-08-2011, 11:17 AM
|
#4863 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
|
I have like 60K of CUU.
This is a good read. Virtus - Joe Terranova Blog
I agree with it. This isn't 2008 but it's selling like it is. I hope you guys bought some oversold stocks cause in a few months, we'll be laughing at this. Honestly, there is going to be one massive short squeeze coming. I think there's FEDS announcements tmrw right?
| |
| | |
08-08-2011, 11:22 AM
|
#4864 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
|
For real? You've got 60K shares or $?
Calling for a close of more than -500, any takers on under?
| |
| | |
08-08-2011, 11:26 AM
|
#4865 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
|
LOL woah right on time
DOW is half way if not more to circuit breaker, SPY is 40 away from circuit breaker
| |
| | |
08-08-2011, 12:01 PM
|
#4866 | | I STILL don't get it
Join Date: Aug 2008 Location: Imaginationland
Posts: 494
Thanked 507 Times in 64 Posts
Failed 71 Times in 8 Posts
|
Fuu sold my gold options a day too early otherwise would of had a crazy ROI  | |
| | |
08-08-2011, 12:13 PM
|
#4867 | | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
Posts: 4,814
Thanked 2,901 Times in 1,248 Posts
Failed 627 Times in 199 Posts
|
I'm mostly cash now... but my portfolio is down about 10K...
Then again, when volume start to go below the average, I'm planning to go big. I think somewhere in the 100~150K range.
__________________
Nothing for now
| |
| | |
08-08-2011, 12:24 PM
|
#4868 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
|
Daymn I bought citi at 26$ during 08 and sold around 44... Nice to see it at the same price again, dono if it's hit the bottom yet though Posted via RS Mobile | |
| | |
08-08-2011, 02:25 PM
|
#4869 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
|
down 24k :[
| |
| | |
08-08-2011, 02:25 PM
|
#4870 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
|
shawnly1000 - shares.
Good read. I think we are definitely close to the bottom. News Headlines
China numbers tonight / FEDS tmrw may give us the bounce.
stykn - paper loss not actual loss right?
| |
| | |
08-08-2011, 02:36 PM
|
#4871 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
|
Woah didn't realize we had some deep pockets here
RS Prop Firm?  | |
| | |
08-08-2011, 03:29 PM
|
#4872 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,680
Thanked 772 Times in 387 Posts
Failed 152 Times in 50 Posts
|
my cousin thinks CUU will hit $1 tomorrow....i sure hope not
| |
| | |
08-08-2011, 06:25 PM
|
#4873 | | wants to know why blow-up dolls always look so surprised
Join Date: Jan 2007 Location: Vancouver
Posts: 1,150
Thanked 143 Times in 67 Posts
Failed 23 Times in 8 Posts
|
i wouldnt mind hitting $1.
just means i can buy more shares for cheap
| |
| | |
08-08-2011, 06:38 PM
|
#4874 | | Need my Daily Fix of RS
Join Date: Jan 2006 Location: .
Posts: 290
Thanked 6 Times in 5 Posts
Failed 0 Times in 0 Posts
|
i hope it doesn't drop to 1$ but on the other hand i am buying more tomorrow.
interesting watch BNN Video Player he brings up the 2008 crisis highfive brought up earlier.
| |
| | |
08-08-2011, 07:14 PM
|
#4875 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,720
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
| Quote:
Originally Posted by strykn down 24k :[ | dude, cut your losses early.
it's like a relationship with a girl, if it aint going the way you want it, just cut her loose. the thing with the markets is you can always buy her back later! LOL!
| |
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 06:14 AM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
