RE: Rerate back to 0.515 Mar 2019 10:19
B.C.’s biggest mining company Teck Resources (TSX:TCK.B) is buying Goldcorp’s (TSX:G) 21% minority interest in the San Nicolás copper-zinc project located in Zacatecas, Mexico, for $50 million.
Aliens Donovan is right next to San Nicolas mine in Zacatecas
They have plant ready to expand into Donovan. So now Alien is up and trading again any approach must be made in the open market. TECK im sure wanted this to go belly up but no way! So any approach could be substantially higher than where this is sat today. The longer they wait the more it could cost them hence why so soon are trading has resumed we see this rerate.