RE: RE: RE and BFS sequencingThanks for your prediction. I admire your courage to "go out on a limb" and predict share prices 6 months from now. My prediction is:
CUU sees $2.70 when the resource estimate comes out and then reaches $3 when feasibiltiy is released.
Teck backs in 30 days or so after the BFS is released and CUU's stock reaches a high of $3.50 on speculation a a teck buyout.
By October it becomes clear that copper will be returning to $3.5 per pound in 2012 and CUU's stock returns to the $2.50 range as no buyout materializes. Why you ask? With the 2002 agreement Teck can own 75% of CUU for about $260 million. why would they spend a billion dollars to own the other 25%? Makes way more sense to take out CUU, move forward with a production decision and let someone else bid on CUU if they wish.
Either way, I still don't see this thing going anywhere close to a $2 billion market cap! $3.50 will be the peak!