RE: takeover specialists?Arossblue: analyst consensus seems to range around $1.30 across half a dozen or so houses. Presumably these analysts understand the project and the factors that are the foundation for the financial model of the project. Furthermore they can't all be wrong. We can debate the price of copper in 3 years time. There may be further drilling on other prospects within the total project but CHD has seemingly telegraphed a sense of the resource as they understand it.
Again no apparent mystery. Some have suggested a discount for apparent lack information. This might be worth 20 cents but who knows.
In summary the market is rarely wrong so we are where we are.
Heres hoping for higher prices.
Coyote13