Cash doesn't go into the pot. It will go into Eaglehead. NotSoQuick posted the comment of where the $1 million goes.
I like how you compare market caps. And like to say what the market is telling us.
So what is the market telling us about CUU? Should we all just sell and go home?
or maybe look into Hudbay and Augusta.
This was taken from YourNadir post in the off topic forum.
HudBay Minerals is making a hostile bid for Augusta Resources, offering $3.05 a share, which values Augusta at close to $443 million.
Augusta traded as low at $1.30 or so in January of this year (it was just a measly 63 cents in November 2013).
Its all-time high was $6.69 in August 2008.
Augusta is a base metals company focused on advancing the Rosemont Copper deposit near Tucson, Arizona. Rosemont hosts a large copper/molybdenum reserve that would account for about 10% of U.S. copper output once in production (for details refer to www.augustaresource.com).
So what was market saying about Augusta in January or last November?