RE: RE: Nice recovery on a down dayThe buy-out of Michaud JV is great! Of course, if the news was that the JV backed off, then we should be cautious but the news is that Moneta bought them out. A company does not go buying out another company unless they forsee economic potential.
Also, I believe Moneta is releasing some results before end of year (its mentioned in their latest MD&A).
If you're long on Moneta, I believe we're in for a great ride. I am only cautious about 2010's market, as many people believe the market will make its double dip then.
Cheers all!