CDE just announced a major Senior notes offering for $350M. My guess is they are going to use the funds to buy KIMBER. Makes perfect sense, and I will be using the next couple weeks to load up prior to KBX being acquired.
CDE has made investments in SVBL. The last one was at 68 cents. My guess they would go after SVBL before KBX seeing that they already have a stake in SVBL. Just a thought.
I hope they don't buy them too soon. At this price plus a premium, we wouldn't get the value we have here.My thought is AEM will eventually buy them, but who knows.