While I am not going to guess that $1.40 will be the buyout price (I really am hopefully for $2-$3) you have to remember, Liddy, that the stock market is not "considerate and sensitive." Not at all.
It is cold and hard. Like 87 cents cold and hard -- few had predicted we would be here now.
Nobody at Teck is going to shed a single tear for CUU shareholders if Teck can get Schaft Creek on the cheap.
We're keeping our fingers crossed the Ernesto won't buckle and agree to a lowball deal and then have the board approve it.
Sounds unfair, but it happens. I sure hope it doesn't play out that way but I am preparing for anything between $1.50-$3.00, just in case.