RE:RE:RE:Might as well look aheadIts sobering to think that a buyout offered at a 50% premium to today's closing price would come to a whopping .225.
Incentive to buy? I think so if only because cheap is cheap and Glencore has seen enough circuits of the business cycle to buy at the bottom...if only to protect their investment. They could close Caribou and make a solid return when the cycle turns and the next Mark Cruise comes along.
It would take a lot more to acquire a Tinka for example and put it into production than acquire Trevali at these prices.
We shall see.