PaulTiger...
All scenarios are on the table: examples, NOT buying SPQ; reverse splits; CVRD buying in to McFauld's. You name it, everything is in play.
I think it's safe to say that the business scene at McFauld's is confusing with more JV's than lawyers. Every investor, however, is interested in making $$$$$. I can guarantee you that if a huge strike is discovered at McFauld's, there will be a corresponding huge consolidation, and it will be immaterial as to who is mucking around in the muskeg.
When that scenario happens ($2.50), I will throw my calculator out the window, promise to never to talk about reverse splits again, and drink numerous bottles of red wine with you!
Snug