Teck is a good example of why Lundin is a good acqThe basic rule of an acquisition was violated by Teck in purchasing when the market was at a peak - in other words, buying at inflated prices. The Lundin acquisition, when viewed on a month to month average, will appear near the lowpoint of the stock price, even if on a day to day basis it may seem less palatable to some who are only in the market for quick tricks. There is an interesting psychological study of children and their time based reward system interpretations. In the study a child is offered one ice cream cone now, or two ice cream cones in 15 minutes. The children are then tracked over time to see how they fare in life. A similar analogous experiment has been perfomed on primates.
Teck wanted their ice cream now. Hudbay would like it in the future.