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Strategies & Market Trends : Ride the Tiger with CD
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To: Canuck Dave who wrote (156748)5/5/2009 2:16:29 PM
From: kidl   of 312793
 
It may short term. It's essentially the exchange ratio people object to. SST is valued at 5xCF. SLW is at 10xCF.
Add to this the recent very positive CS Minto gold/silver results and the offer becomes even less attractive.
SLW will likely get the deal but not unless they up the offer.
Just my take ...
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