Don't feel like the long ranger, that "something for nothing bug" has bitten me
I think the buy out price is $14.75 + the 1.15 shares of the royalty trust. which must be currently valued at $1.74. Now which is worth more ? Got to put a value on time.
I offered my 16,800 @ $16.69pps, AON, but got side stepped today. I will try again tomorrow, KB.
I figure I've got TISDZ & EXXI for my shallow water/shelf deep drilling interest. At 64 years of age, that's enough speculation $$$ tied up. Time to take the biggest principle off the table. Woulda, coulda, shoulda.
Wonder where we'd be if DJ1 just stayed an exploration hole. Copper sales will be down so FCX may get picked up later at a lower price once Red China economy picks up (40% of CU market).
Bon chance, mon ami. You've been in this one longer than I have, but trust me, it hurts justs as bad.
albanian - I think you will get a chance to sell at a higher price ... maybe today. If you want out you could also use those shares to sell covered calls. The May $16 ask was .69 cents so you would get your price and let them get called away (unless you are worried about dropping below $16).
k - I don't know what the Trust is worth. It wil be interesting to see how it trades when it goes public. But I don't think it is the RT boosting the MMR share price right now.