@matt
"Some were even saying a good buy at 39c as done deal was approaching in December."
Whoever drummed up the done deal either isn't very astute or just bluffing.
"You waiting for a CR or out for good. "
It is my opinion that any CR would have to be private not only due to the SP but also because they have no valid reason for a CR. Waiting for a takeover or JV isn't one IMHO.