RE: JENNINGS CAPITALI suspect your observation is highly probable. Xstrata is a company that likes to precede their takeouts with share purchases of the targeted company. They are back in the takeover business with their bid for Indophil today. My thinking is they would sell off the copper op and pocket the nickel reserves and nickel potential for next to nothing. That would certainly bolster and consolidate their nickel business in the dominican republic. But then again capstones price has been very solid as of late... What a deal they would make for themselves by scooping up the gmi assets for scrip and at giveaway pricing. Methinks Pescods talk of the gmi management possibly wanting to move would be taken as an insult by anyone but the manayana boys.... I can't believe the value they would be leaving on the table for the predator..... what a waste... Once upon a time this company had potential to hit $7 or $8 per share... well let's put another nickel in andlet's see what happens huh?