RE:RE:RE:RE:For the soft bashers hereNot really surprised by anything on the call or the stock today other then they sound like they are serious about pushing phase 4 at k&k ahead of schedule. Electrical issues seem to be dealt with up until and including phase 4 and smelter fire up with a lot of redundencies ( some more expensive than others) Expansion beyond that requires further power expansion. ( WF)
Stock giving some gains back as expected. Actually thought it would roll back further after its last test at 20 but it never got into the 17's like many expected. A 60 % move up in 4 months on a company this large is pretty aggressive. Saying that, the redemption of the bonds is also adding to short term weakness along with a selloff in CU pricing today. Hopefully we get some consolidation in the 18's before more news comes in the coming months. Pretty exciting stuff.