Bama Boy is correct.In that FCU is oriented towards a buy out, and not share holder value. That has been true now going on three years now. Example? The botched DML take over. The sweet heart deal management recommended share holders adopt. Sweet heart deal for management that is. We share holders voted that down. I sold out after that vote, for 30% haircut. And have been strongly against further employment of this management ever since.
Then enter the CGN. Sure lots of money added to the pot, but now the Chinese are calling the shots, and approving or disapproving drill programs and any news releases.
No FCU team is only out for themselves. And should be fired.
Even with this latest news the company is trading down. Even with all the great drill results over the last three years, the company is trading sideways.