$ 7 to $ 10 Came across the following on the V.CEC bb.
As background, V.CEC owns millions of CUM shares and has Tapics on the mgmt team. The poster had attended a Jan 2012 conference in Vancouver, and the following is what some V.CEC representatives said to him ---
Hi Kid5 ,
I went to the Vancouver show over the weekend and stopped by the CEC booth .Had a long chat with both the CFO and IR guy . They both said they thought it would be at least a year before they could get the final approval for the coal mine . They are concerned about the BC election and hoped to have the approval before that is held . As to the Nic property they didn't seem overly impressed and suggested it was more of a news play while waiting on the Raven play . They suggested that Cum will probably get bought out this year in the $7.00 to $10.00 range giving them a fair chunk of cash to carry on business without having to do a financing
GLTA