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Bullboard - Stock Discussion Forum Lumina Copper Corp LCPRF

GREY:LCPRF - Post Discussion

Lumina Copper Corp > Does anyone believe we will get another bid?
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Post by circles on Jun 18, 2014 5:37pm

Does anyone believe we will get another bid?

I hope we get another bid...but does anyone really believe we will get one?? Curious to know from people who may have experienced this type of thing before.

Have to say I was not expecting to wait so long for a $10 deal!!!! :(

Pretty new to this but can anyone explain the prorating if one choses the cash option and that option exceeds the cash 222 000 000. 

Thanks in advance
Comment by robey743 on Jun 18, 2014 8:43pm
I posted a couple of messages today regarding the copper resource value, (about $0.02 per pound) that First Quantum’s offer represents. I also gave a comparison, (Las Bambas mine in Peru, sold with a copper resource value of about $0.10 per pound). Between the time the Las Bambas mine was first offered for sale and the recent sale, there were 3 Chinese groups and 1 North American group highly ...more  
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