I would be very interested in Ed's comment on this article.
To my mind it would appear a simple way out would be to takeover CAP - take it private prove up the resource we all know is there and re-float it at a huge profit for those behind the deal.
Or is that just me thinking as you would expect a VP of an investment bank to think?
I should point out that I am an interested party as a (recent) new shareholder in CAP.
My current position is not large but I do see huge upside - unless someone / something takes CAP private in which case the huge upside becomes merely large upside on a takeover premium.
Over to you Ed ... any comments?
Well done to your other half on the $973k commission (if true) by the way - those are the sort of deals I am always looking for too ... respect...
:-)
EB
CAP Price at posting:
23.3¢ Sentiment: ST Buy Disclosure: Held