TSX:SRU.UN - Post by User
Comment by
megabidon Apr 07, 2010 2:54pm
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Post# 16966490
RE: RE: RE: RE: RE: Breaking News
RE: RE: RE: RE: RE: Breaking NewsTakeover possibility - Bullish24 minutes ago
From Briefing.com:07-Apr-10 09:15 ET In Play Stillwater Mining: 51% owner Norlisk Nickel files 13 D/A announcing it is seeking strategic alternatives (14.22 ) : The Reporting Persons are exploring potential strategic alternatives regarding their investment in Stillwater, which alternatives may include, without limitation, pursuing value enhancing initiatives and dispositions through open market sales, underwritten offerings and/or privately negotiated sales by the Reporting Persons of all or a portion of their investment in Stillwater. The Reporting Persons have engaged and expect to continue to engage in discussions with Stillwater's management and Board of Directors, as well as third parties, in the evaluation of these and any other potential alternatives.
Check out options calls/$ 22.5 strike price for Jan 2012
Yesterday someone bought 1500 calls at $ 1.85 - I guess the buyer had inside information.
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