RE:RE:RE:RE:Scotia and RBCWasabi, unfortunately I don't have time to fully educate you on the wonderful world of market manipulation and how billion dollar deals get done. The short answer is to create an advantage in order to make a deal attractive. If markets were truly transparent and efficient as many would like to believe, advantages would not be created and deals would not get done.
What's important for you to know is the value of the asset the company holds and that that sooner or later the value will be realized. It is highly unlikely that we the shareholders will share in the full value of the asset as it will likely end up in private hands post acquisition. But we will be rewarded quite handsomely when all is said and done, I do believe. The collective intelligence on the this board is outstanding. If you've followed for long enough, the value should be quite clear and you would be as confident in the outcome as most of us here are. Sometimes, as is the case with EOM, this takes a great deal of patience and resolve.
The only risk that existed here was political. That has been cleared with the announcement of the coordinates and we now know with certainty what we expected all along....the project has the green light.
All we're waiting on now is the official analysis on the impact from EOM. The capping will continue until then because everyone knows that a bid will not come in until sometime after that is announced. Once the impact is announced, the cat is out of the bag and it will be last call to load up for everyone, including the manipulators. That is why you will see the cap disappear. I would expect to see an offer follow shortly thereafter, likely within a month to two months tops in my opinion.
Now sit back, watch and learn...
BH