Motley Fool's opinion...
"You're a mean one, Mr. Market. After picking up enough copper and zinc resources to build a thousand Whovilles, one Canadian miner has been swiftly punished by investors with all the empathy of the Dr. Seuss antagonist."
"As the full value of this acquisition by Canada's HudBay Minerals comes to light in time, however, I believe that investors' hearts may yet grow larger. Announced at a value of C$800 million ($630 million), HudBay's acquisition ofLundin Mining(NYSE: LMC) -- which creates Canada's second-largest base metal miner after Teck Cominco(NYSE: TCK) -- was reduced to an effective purchase price of just around C$500 million ($400 million) after investors tore into HudBay's shares on Friday."
Full article here:
https://www.fool.com/investing/dividends-income/2008/11/24/how-the-grinch-stole-lundin.aspx