confused .... Not sure what is happening with the markets anymore .... it seems that these "venture" plays can't win to lose
The PEA reaction is either a sign that the market doesn't believe this mine will ever get made, or a time value of money reaction ... many years down the road ...so why buy now reaction ...
Any comments?
*****
Who benefits from a depressed FPX shareprice?
Cliffs .....
A .75 buyout will get a lot of press and tout the fact that the buyout was at a high premium to the current market price .....
We all know better ....
ulysess