RE: The water is calm, -to morecents :)You're bang on.
There might be some merging of shares discussion etc but Nuinsco is around 50 cents CCH after CCAA will start chasing 30 cents similar to the news release in an attempt to call back warrants if possible. The trade off wouldn't be bad for CCH investors at this point at all.
Nuinsco gains from being on the sidelines more-so because they will be receiving 50% of Corner Bay, Campbell's huge Copper Mine and have an informal 50-50 agreement with Campbell on future projects. (Hands in the pocket, already on the CCH board and pretty much behaving like Nuinsco's puppet anyways, Why own it?)
This (50-50 deal) eliminates risk in getting stuff ramped up for CCH and Andre Fortier's e-mail to myself said will improve usage of the Copper Rand Mill and its capacity.
The beauty about CCH is honestly how many companies in Canada actually have an experienced, trained work force, with the infrastructure (mills) in place to make anything happen beyond exploration? Campbell is truly in a unique situation as being a producer and think how many companies would want that experience and ability alone?
Take Care.
cv