GREY:NEVDQ - Post by User
Comment by
rickwayne1982on Aug 25, 2024 2:18pm
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Post# 36195286
RE:RE:Canada Recognition Sale Order / objects SHB
RE:RE:Canada Recognition Sale Order / objects SHB Canadian agencies are selective on where they focus their financial resources as they don't operate with massive budgets. Clearly they have their eyes on what's happening with Nevada Copper if they are objecting to the Stalking Horse Bid. Another TSX listed issuer with similar reserves (FIL.TO), received a buyout offer for around 2.9 Billion USD... With a discrepancy between Filo's offer and Nevada Copper's offer, it raises eyebrows.
Filo's recent buyout offer from BHP and Lundin was a godsend to the retail still holding shares in NCU. It gives insight into how much assets like Pumpkin Hollow are truly worth.