GREY:PTQMF - Post by User
Comment by
lufkin1961on Dec 04, 2007 8:12am
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Post# 13910839
RE: ptq and copper
RE: ptq and copperI believe that TECK is afraid to say yes but more afraid to say no. They clearly are taking their time making a decision. However originally they were spending $24 million on the 'feed' program, and now the website shows $35 million, so to throw another 11 million 'quickly' into Petaquilla tells me they aren't backing away.
At to the $6/share price, I was very surprised to see that number in red on the website. Do not quite understand that since the tranches just months ago were at a very different share price level.