If the Canadian liabilities can be quarantined, CLF absolutely has significant buyout vig. Presumably, this was Casablanca’s ultimate goal when it sought to take control of the company.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.