RE:# of Shares for Sale You have to wonder if they are playing catch and throw back with a partner how they manage to keep enough paper to hold back the tide and trend. And if they are taking constant small losses against retail pressure who is funding the cost of capping the price?
Our esteemed management sure don't seem to do much to encourage interest in a screaming buy ...Copper now at $4.18, gold at $1881.
My understanding (could be wrong, my infallibility started waning about 50 years ago!) is that the TRQ dissenters are stuck with value evidence as it stood at the time of the dissent, so notwithstanding the obvious rise in the price of copper since December, any arbitration of the fair value or TRQ will be "as at" the buy-out date. Which must be infuriating when one of the major criticisms might be the long term price of copper TD Bank chose to use to value TRQ in their fairness opinion to the Board of Directors was a mean, slippery, downright suspiciously low $3.50. And of course opinions however wrong in fact are more defensible back before the inevitable rise in price of copper that most sensible observers of the copper markets could see developing - a coincidence of greater global demand, declining grades and reserves, and long timelines to new or expanded production.
Sheesh, you don't just have to identify the valuable assets and their undervaluation, you have to then endure years of bombardment by BS aimed at prying you and your investment apart at a deep and punishing discount.
cg