RE:RE:RE:RE:Pine Point acquired by Osisko MetalsIsn't Pine Point further along in development than Bathurst?
It looks like in two to four years zinc prices will go down with an increase in production. But the base price will likely be over $1.10.
The Pine Point management must have felt like they could not do any better. The sale price is 10% or so of the NAV. Certainly they were talking with Lundin. Maybe Osisko Metals just made a better offer.