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Gold/Mining/Energy : The Metals Thread
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To: Taikun who wrote (179)5/1/2007 3:35:04 PM
From: DaveAu  Read Replies (1) of 252
 
I like CAA as well. Awfully thin trader though.

I don't believe that they will receive any money from the lawsuit. Their net profits interest doesn't kick in until all the capital costs from the mine are paid off. According to my calculations, that should occur in 2007. CAA is massively undervalued based on that alone. The nickle prospects are all gravy. Hudbay should just buy the company.
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