RE: $20 is now a viable short term targetI'm new to this board. I just started to look at CUU after reading the NG announcement. I don't see how this stock can ever rise to $20. Maybe I'm missing something. Let me make some broad assumption. FR spends $20M on the FS but has to issue more shares to get the necessary funds. Let me assume that fully diluted OS increases to around 70M. Teck exercises the back in rights (if they don't then the mine is not worth much) and pays $80M(slightly more than a $1 per share). That would leave CUU with approximately 25% of the mine. On the other hand, if Tech were to make an offer for all of CU(and the rights plan would not prevent that) at a 50% market premium then I very coonfident they could buy the whole mine for not much more than it will cost them to buy the 70% interest. When will Teck make an offer? I have no idea but way before this stock gets higher than $5. Right now an offer of $2 would be enough. The fact that there isn't one on the table tells you that Teck feels that there is no immenent need to do so. I would suspect tha they know that this project is not moving as fast as mgt suggests and they have plenty of time to still buyout 100 of CUU for a very reasonable sum. Unless this stock rises a lot very soon I see its upside limited(not that buying today and being bought out at $2 would be such a bad investment). But IMO you are kidding yourself if you see this stock exploding. I'm posting to be educated. Please tell me what I am missing.