GREY:LCPRF - Post by User
Comment by
kroghon Nov 02, 2011 2:55pm
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Post# 19202832
RE: Rumours?
RE: Rumours?The obvious speculation is that they are negotiating a buy out, and the strength comes from people in the know. It is quite similar to Global Copper which traded up to around $10 on this kind of strength. Then, one day, the announcement came that Teck had acquired Relincho for around $14. My guess is that they are negotiating a buy out right now.But of course, it could just be an ordinary move. We have been range bound thisyear, and a move upwards is reasonable just based on the new drill results.Good luck to all of us.