RE:RE:RE:RE:RE:Scotia Capital, Opportunistic Takeover." ????Cuisdafuture wrote: But when Peter said they are open to offers early July, the share price was about the same or higher than today. He said they're not open to being undervalued in a sale too. So if a deal is in the works, then closer to $8.50 to $9 would be my guess.
Peter won't make the same mistake as Gil and sell at the utmost low.
HBM needs 2 or 3 successful quraters and final permits to Copper World to see the intrinsic value hidden, especially at $5 copper.
just my thoughts on why I'll hold for 18 months to see out next year.
If copper reaches $5 then HBM will be $10+ with out takeover, the purpose of takeover is to be done when copper is depressed like now, so a takeover offer now at $9+ is acceptable, but if copper reaches $5 then the offer should be $14+