1) What are the actual avgs of the Insiders? Is there a website that shows this?
Elmer is at the lowest I believe. Around 18 cents?
EE should be around a quarter.
D. Mac (even though he's not an insider) should be around 60 cents?
I think it's best to go on sedi and do the math yourself.
2) If the JV meeting does occur next week, it could produce something material....(man, how many times have I been psych'd up for "things next week" in the past 4 yrs....and nothing nice for the SP). If not anything material, history tells us we will go lower, especially with tax loss selling where I could buy for even cheaper...
I honestly feel nothing will be released next week. They are going to have a meeting. Elmer and co will discuss with the board on the next best step for the company. Hire Moose Mountain or 3rd party to figure out the value of SC. Present Teck with Offer.
3) What would be the response of tck shareholders if Teck was to buy us out with shares or cash at these low levels for them? Is this a realistic situation and climate for them to do so in?
No idea. I'm not a Teck shareholder. If I am, I would be pretty damn excited. SC during production will be adding half a billion cash flow each year.
I know hindsight is 20/20, but man would I love to have the cash I have tied into this available to buy in now....Id have 8 X the shares....makes me feel sick
Thanks in advnace for your thoughts!
I feel the same way. I look at it like this. I always ask myself. If I sold all my share at 2.75.
I would probably take that money and put it elsewhere. I'm sure if I see CUU gets dropped back down to the dreadful days (not to us now! lol) of $1.20s, I would probably jump back in.