Due to the silence...Once again there is a buyout window. Elmer and the gang have been unusually silent. A gag order has gone out to all of them as of Tuesday. For us, this is the wrong time but for Teck it is the right time. This puts the tree amigos squarely on the hunt. We know NG is breaking out the lipstick and they don't deny it. Teck bulked up its cash and Wardrop set the dinner table for Sept 11. Rumours swirl in the silence vacuum. However, the facts indicate swift movement by the elephants. Swift in terms of elephant speed.
The direction of the markets is up. The fear mania is dwindling because they are running out of BS. Yes, they will invent a new one here or there but just not enough to crash the markets yet. The copper supply story is gaining real traction as of this morning. Two more heavy weights announced that they think copper is the future, Heck, even a BNN guy said so!. Putting it all together tells me the time is right for an acquisition.
If Ernesto et al are serious they would look seriously at buying a deposit close to home. RG isn't too big but also the Paget claims that are for sale. Mess Creek was bought as a toe hold into the Paget system in Salizar's days. That was a smart move even if the time was wrong. But, now that looks like a sweet deal. We could also buy BRU. I'd bet more on RG because we could be used as an acquisition source to befefit Teck and NG. We'd get RG cheaper because of our capacity. This would be a smart move too.
Call me crazy but I smell gold in our future. I can't say this information is 100% certain but I believe it is being given consideration.