Kipp440: EZM
"....The EZM CEO would be CEO so basically EZM is taking them over.My guess is that they are using Lundin stock to essentially do a sort of a reverse split. ..."
I disagree that EZM is taking over Lundin. It is the other way around. Look at the size of the Lundin conglomerate. Yes, it is an amicable deal but the bigger company usually ends up dominating. That's just the way it is.
The HBM CEO is just the best man for the job heading up the new company. Remember, he has only been at HBM for a couple of years so it's not like he has a heavily vested interest in EZM running the show.
Until the merger is completed and the question of no other suitors is answered, EZM stock price probably will not benefit as much from any general upward movement in the sector provided by declining inventory levels and rising zinc prices.
JMO,
JFF7