Still would try to takeover SSTThanks, kidl2 and Nosleep,
I hadn't given consideration to CS's interest in SST as a way to deter suitors seeking to buy SST. Glad to have CS there--otherwise, we'd probably have already been taken over given how pitifully and undeservedly low the stock price is.
On the other hand... If I still really wanted all of SST, CS's ownership might not deter me--I could go after all of CS, first.
Right now, the market cap for CS is about US$180M. If I bought CS for around, say, $200M or even $250M, I'd have a low-cost copper producer with excellent exploration potential, low debt, a $100M windfall from the hedging program that I'd close out, strong cash flow, AND the largest interest in SST. I'd then either seek a buyer for all of CS's assets EXCEPT it's SST shares and warrants and use the proceeds to buy the rest of SST (and keep the change); or, keep CS and use it as a vehicle to buy the rest of SST shares over time or with an outright takeout offer, and THEN sell everything but SST shares.
Perhaps my worst case scenario if I succeeded in buying all of CS and SST, is that I'd be "stuck" if I couldn't sell off CS, afterward. Some worst case scenario; LOL... CS is a fantastic outfit run by terrific management. They've built a strong company--as well as SST--from scratch over five years. If all my investments went even half as well as my initial investment in CS at US$0.40 back in August, 2004, I'd be a LOT better off than I am at the moment. That's a worst case I can live with!
Just musing, FWIW...
GLTA!