GREY:MAAFF - Post by User
Post by
CapeBretonon Jul 18, 2010 9:43pm
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Post# 17277908
back in China
back in China
so we know Mag was back in China this past week, and there have been comments that a news release is pending on or BEFORE the 31st. Is this a good or bad thing? I would say it must be a good thing, hopefully since there are 2 weeks left this trip is a sign things are not waiting until the last hour, and maybe a deal can be signed early. I would think an early announcement would be look upon with favor by the markets, and may catch them by surprise. It could eliminate any chance for buying in before the deadline, and could help put more upward pressure on the bids. Anyone have any experience with a similar situation where financing was announced before the expected date, and how did that affect the sp?