Let's make a deal!Constantine is in a good position to deal on this new land acquisition, and Dowa would be wise to make a deal now since it is in their own best interests as I believe it is their intention to build a mining camp there. Since CEM could make a deal for work commitments and a significant cash infusion, then this would allow the company to move ahead with exploration on Croesus or any other property other than Palmer. Of course Dowa would be the best fit for this expanded Palmer project, but if the board of CEM determines that it needs money now to work on Ontario properties, then there is nothing to prevent them from entering into a deal with any prospective partner.
So, the market's reaction to this acquisition ought to heat up when a new deal is announced which may not take long at all. I beleive that there are multiple parties which will show an interest in talking to CEM management about making a deal. Provided that Dowa will make a fair offer, then CEM may grant them some exclusivity before entering into talks with any other bidders.