RE:Looking at past PRs...calenderj wrote: ...from 2006 onward,it is clear CCD is more focused on gold/cu/au than anything else.Imo,the cesium properties are not considered as a core target project for the future for them,and is very likely to be sold.
Now,with Cabot closing their mine in Manitoba because of environmental and safety concerns,they have come to the perfect scenario for that to be achieved.
So,Lord's information would be accurate that a sale is in progress.Cabot has about $190 million in cash.What they are willing to pay for these properties is the question.
In good times,the Specialty Fluids segment is worth $100 million to the coffers.They can't afford to lose market share.
yep agree and thats why you will never see it mined (except by buyer)....this thing is being accumlated like a whores underwear...all the signs here and now......I dont think its months away or even weeks....something near and dear here...