RE:RE:re: CIBC notes..CM has lots of optionality and should consider all possibilities and, if in the wings, all offers for sale and partnership.
It is a credit to management that the company has an operating mine with one solid brownfield site, New Ingerbelle, and two greenfield, if not more, sites.
iI have not read the terms of the bond offering but see no reason why the company would pay it early, likely a substantial penalty for early repayment.
CM is starting to look like a target to me. It has enough tonnes in the ground to make a takeover attractive to mid size producers and their shares have increased so they have the currency.