That sale of COMINCO was dependant on a valuation which was in the process of being done. Looks like it has taken a lot longer than expected. I don't know when but I would expect it fairly soon (within weeks).
Once done MSC will sell to CCG but will not receive cash until CCG has been listed which I'm guessing will be around August.
The jump in the sp from ridiculous lows has been good but with still a number of gutless wonders or traders there selling in the mid to high two's I think the sp is stuck there for a while.
It will take an good announcement to propel the stock to where it should be.
Don't you like the exchange issuing a speeding ticket on a little jump from a silly sp, but on the way down not a peep from them.
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