<< There is optimism in the air, I don't know what. Hope it is acquisition at 40-45 may be. >>
Do you seriously think that Groupo would sell this cash cow for $40 to $45?? Sure it is trading at around $25 right now, but before it headed south it was trading at $40 (split adjusted). The current price is mostly a by-product of the strikes, and these will be resolved sooner or later. When that happens PCU will go through $40 in a heartbeat. By the way, even though I am not happy about the current production issues and what it did to the stock price, I do appreciate that the company is trying to get a long term solution, so we do not have to deal with these brain dead Mexican miners every year.