RE: Maybe GMP shorting thisIf GMP was shorting it's own shares of Lundin Mining, they would be losing money, right? They are definitely not shorting their own stock.
There's alot of bewilderment right now concerning the implications of GMP's acquisition of HudBay's shares, and until that becomes clear, volaitility will persist.
HudBay getting out was inevitable. After all, the former CEO and board of HudBay were thrown out for pursuing the potential acquisition of Lundin Mining.
It just makes sense that the new board, put up in power by dissenting shareholders, would dissasociate itself completely with Lundin and sell its stake as the final "coup-de-grace". I'm glad to have such a large, unsupportive shareholder out of the picture.