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Post by Franko10 ™ on Apr 1, 2005 9:51:51 GMT -5
holdnolonger 01 Apr 2005, 06:58 AM EST Msg. 878008 of 878009 Jump to msg. # Did anyone follow the WMC mining company Buyout. It started with Xstrata's bid and then a re-bid and then BHP swooped in and snatched WMC in the last minute in the twinkle of an eye for 7 billion or so. Now as of last week BHP moved there exchange to wallnuts street. Big things are going on in the mining world, shifts and changes ah coming. I hope our deal is signed sealed and ready to deliver, It would be exciting to see a bidding war, but that could take months to get a final buyer. I think Citigroup will supply to funds to get CMKX shareholders out of the picture and Urban is going to make them pay and worth our while. Citigroup wants in on CIM and will put the money up to take us shareholders out of the picture, either a buyout or partial buyout somehow. Urban loved me so much for being long he let me have some CIM dividends. Urbie loves the shareholders, don't listen to all the Krap flying out of the worms azz'z about Urban taking your money. The guy will be a legend one day. www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=878008
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