Last mile is the longest mile
posted on
Nov 21, 2011 11:40PM
The fs has been set for the end of the year. That's 4 to 5 weeks from now. Tic tock. we are still awaiting many assay results. I dont think the results will effect the fs so much good bad or indifferent. If the fs is late I don't believe teck will punish cuu if they go past the December 2011 time line however I can see the sp drop like a falling knife.
Now I have talked to brokers and asked the question if you're not in cuu why not. The answer is always, what is cuu really worth? Is it worth 23 percent 50% or 100 % and so on.
I'm betting on cuu, Elmer and staff,, my fellow longs, and money managers jumping on this ship at Xmas.
I'm looking for 7.87 for a total sell. 4 cash + 3.87 in a spin co.