3boost message (18 April, 9:07 pm) transferred to the OT forum:
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FoxyRoller:
Respond to your comment below (italic): Europe's economy is not great. Last time I checked, maybe half year ago... Greece, Spain, and countries that got hit hard, their economy is not doing too well. Not many jobs available and pay is low, and probably everything is expensive there. I would really hope CUU just close this deal for shaft creek, and we can all get on with our lives. I keep on reading what ifs this and what ifs that... the main question is: where is our $? Lets focus on that. When is CUU going to go to TECK and make an offer? And when TECK rejects, lets go look for outside buyers. Lets liquidate our shares at a fair price.
Unemployment rate is high in europe. See link below:
http://www.europeanvoice.com/article/2014/february/eurozone-employment-remains-at-12-/79884.aspx
"Major disparities in employment levels exist between eurozone economies and those in receipt of international bail-outs. The unemployment rate was 25.8% in Spain and 15.3% in Portugal, compared with unemployment rates of 5% in Austria and in Germany. (The most recent unemployment rate for Greece – 28% – dates from November.)
Youth unemployment remains high. Almost a quarter of young people (under the age of 25) in theeurozone were unemployed in January, with that figure rising to 59% in Greece and 54.6% in Spain. Croatia had the highest youth unemployment rate outside the eurozone, at 50%. The youth unemployment rate in the EU as a whole was 23.4%."
FoxyRoller Comment:
Hmmm...didn't we have the same or similar concerns when Europe was supposedly falling off a cliff a couple of years ago or sooner? It didn't happen. And I think China will not let anything happen that might affect them too greatly. Because this is clearly China's century and they believe it too.