RE:RE:RE:What’s the consensus here?There is nothing wrong with CXB management they have done well. CXB shares are not stalled anymore then other mining stocks and like CXB many are undervalued out of favour at the moment.
CBX is one of the most undervalued miners and that will change regardless of the MOZ deal.
As for Marathon, when a company is this close to the goal post it negates all the past efforts of previous management to bring the company to a successfull conclusion be that production or takeover/merger. For a company like Marathon slowly ticking off the boxes to start milling and with a crew capable of building the project they gave up and who do you blame leadership..
At a time when mining stocks are in the pits of a sink hole and when there were other venues for raising capitol with Au prices rising and paybacks looking reasonable and above estmates. Which method would discount shareholder values more? Additional dilution,streaming and royalties deals with longer term outlook for a merger when production nears or begins or the Merger with CXB for some potential upside where Marathon has been bought cheaply? Pros and cons for each. When and if the merger is completed we'll all see how the markets view this deal? Moz had a large following CXB had a small list but growing.
Just my take on it there's even hope for the Toronto Maple Leafs if they don't give up!