OTCPK:CPPMF - Post by User
Post by
wilf9on Sep 02, 2011 2:43pm
304 Views
Post# 19007845
SP
SP
My internet connection has been off for three days and am just catching up.
Wow what a mess!!
First, facts, Just called IR and there was aminor union problem which has been settlrd bu management. This clarifies that the ship "has not " sailed yet.
Second, the trucks are unloaded at CUM's shed and then sent by conveyor. Am waiting for an email clarifying where the conveyor deposits the concentrate.
Now to those folks who are keeping the SP down "where are your brains"? CUM will definitely be a take out target, it is too rich not to be. A TO requires a minimum premium of 30% over the SP. If the SP is $6.50, we get $8.45, however if the SP is $8.00, then the TO price will be $10.40. This doesn't take a Philadelphia lawyer to comprehend, a third grade math student could figure it out. I can't see how supposedly intelligent adults would let the present SP drop to this level. You are only taking BIG money out of your own pockets, to play around with pennies a trade, and supposedly make yourselves feel smart. For XXXXX sake "GET SMART"
Continued___