1. CHM holders would want the worst for MMX - given that their "alleged" claim is over the MMX asset which is represented in MMX's stock price.
2. CHM holders claim that Jack Hills is not financially viable. The only value in CHM is in the "alleged" Jack Hills claim.
Surely if you thought, JH wasnt worth anything you wouldnt be in either stock. I guess that goes to show the type of "investors" that CHM have attracted...
I spoke to John McGlue yesterday and he sounded quite convinced about JH and the long term IO price. Im in this one for the long term....
MMX Price at posting:
$1.38 Sentiment: LT Buy Disclosure: Held