More grist for the CXG mill.
As you know from recent announcements, CXG has a distribution deal with an arm of Caterpillar that focuses on rail - namely, Progress Rail. Well, if Caterpillar wishes to replicate what it has done in Brazil, it could attempt to buy CXG one day (not soon though). See the blurb about the Brazillian acquisition at http://www.cat.com/cda/components/fullArticle?m=37523&x=7&id=912675).
CXG was $1 on Friday, and today, Tuesday, it closed at $1.25 - very pleasant news for us holders, and I look foreward to the day when it crosses the $2 line.
Pioupiou
industrial growth, page-3
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