anyone who thinks this is a good deal, page-5

At one time the sp of CJO was over 30 cts and Primero share price much less than now. Management should have foreseen capital raising to start production in current market condition is almost a near impossibility -considering CJO got nothing to offer except some reports about ground value and past experiences.It also does not help to wait for Goldcorp to make a decision about participation. It's like a poker game and they are calling all the shots.
Well current low sp of CJO has vindicated management has not made the right decisions to unlock shareholders value earlier. It is quite painful for investors who have bought in at a much higher price to see crumbs instead of fresh bread negotiated by management. One can only hope for a better offer from another party.