Quote:
Originally Posted by suzuka84
too much hype built into CUU.
everyone and their kitchen sink is expecting a rich buyout. You think Teck will even bother? Look at Ivanhoe Mines. Rio Tinto will not be dragged into a fight for Ivanhoe to the point IVN has to drop their poison pill.
Teck has a lot of time and the longer they wait the greater a war chest they will have to deploy. I interviewed there recently, one thing came out during the session with one of the VPs - savvy.
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I totally agree with this. Everyone is expecting a buyout, good news good that. If it doesn't go up to par which in most cases it doesn't unless you have some good insider news, you can never be too sure. If the news keeps getting delayed the stock will only consolidate until the news pops and if it sucks you can guess where CUU SP is headed.