Interesting Press Release comments"estimated US$30 million per year of operating efficiencies and corporate synergies, including approximately US$20 million per year from operating cost reductions through the application of Hudbay’s operating efficiency practices to the Copper Mountain mine" - not a strong endorsement fo current CMMC management
"arrangement will require the approval of at least 66 2/3% of the votes cast by the shareholders of Copper Mountain"
"enhanced exposure to rising copper prices" - CMMC would have benefited with rising copper prices even without this takeover