Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Sulliden Gold Corporation Ltd T.SUE.WT



TSX:SUE.WT - Post by User

Comment by Corcovadoon Oct 25, 2007 2:04pm
118 Views
Post# 13689161

RE: Interesting

RE: Interestinghenke73 Quote: The issue here is risk. CMM is at a low, but that is because of the uncertainty surrounding the SUE (lack of?) deal. But for a speculator at this stage CMM is a great buy, because it will go up if (i) CMM walks away (ii) CMM takes control of SUE However, putting your money in SUE is much riskier. If (i) happens, SUE will drop below the level when CMM announced its offer. So you'd easily loose 50% on your investment. However, if (ii) occurs, of course the SUE shares (which become CMM shares) will go up. This game is all about risk/reward, and that's why buying CMM now is a pretty sweet deal. Also keep in mind that the increase in POG (about $100) provides CMM with an extra $10 million a year (and they were profitable already!). This bonus has not even been factored in the SP. Based on this, CMM is cheap, and SUE is expensive... This sums it up. There are very few options and we have an opportunity for everyone to put the past behind us, shake hands, and make a lot of money....
Bullboard Posts