Replies to post #63507 on Value Microcaps Motherboard

[cl001]

Yes, I saw the rumor. I did a lot of thinking about this last night and decided to liquidation LMC before the split happens on 2/5. I can always buy it back at lower price. I am building back my HBM position these days. Colin Benner opened the door for Peter Jones to become the new CEO.
I believe it will be probably like what happened to EZM. The company LMC is buying will go crazy one day, then you know.

[Bobwins]

kipp440

Hbm.to and LMC are my 2nd and 4th biggest positions. I would probably prefer the transaction go the other way around and have Hudbay control. LMC mgmt is probably more aggressive and definitely more geographically diversified(but in Russia?) but I trust Hudbay mgmt. Pretty conservative, low p/e, Cash Machine performance, solid as a rock. Assets in politically safe Canada.

We'll see how it goes. In a typical transaction like this, the acquirer's stock goes down and the acquiree's stock goes up. That's probably a wash for me so no big expectations of gains if it happens. Definitely would lighten up if it happens and spread the money to smaller players.

Bobwins