Good post Fourdollars, I agree with you assessment about the production problems being resolved in the next quarter with the ball mill, and CCU will be back on track hopefully to their production levels that they were initially projecting before these problems occurred , which I still believe could have happened to any company moving from exploration to production in such a short period of time.
I have a few questions Fourdollars :
1)what do you think would be Magna's intentions if it gets greater control by the possible increase in the number of shares ( resulting from investors not taking up the rights issue ) which may result in increasing the Magna share holding to my be 30%. I could never seeing them getting the 42%. And getting a representative on the board.
2)Would Magna launch a full take over and leave us investors high and dry.
3) Where does the FIRB stand if their was a take over .
I would appreciate your thoughts if you care to share them with us .
CCU Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
