Seems strange nowHolding only CAA and remembering the daily beatings we took from such as Prodigal" who seems to have slithered back under a rock, now its sick to watch the HB SP take such a pounding. The under $10 is a stunner. Maybe Peter Jones wasn't so stupid in the way he operated. The SP looks pretty wild then in the high $20s.
This new CEO Alan P is suggested to have a friendly history with Mike M of CAA and also be good friends with the head of Skye. So IMHO he continues a bad deal in not resolving CAA and another massively bad deal in buying Skye. Unfortunately or maybe that would be eventually the royalty to CAA won't be affected by the rest of what HB's deals end up and comes down to metal prices. Problem is now the CAA SP seems to be linked to HB's SP, altho analysts reports are predicting higher values.
For the last 6 months, guys could jump from gold to coal to potash or whatever was hot at the time but all are taking a huge pounding.
Time to turn the computer off until August 15th or so when the annual summer recovery starts.
We all hope.