I can only think that CXC buyers loved the presentation because...

I can only think that CXC buyers loved the presentation because they race right out and pay 12% premium to the closing price of the parent company. I hope CDE do not release any bad news because the 12% premium would dissappear and be added to the fall so a 10% fall (6c in US) would result in a 22% loss not including brokerage! Never say never because when people turn bearish CXC actually trades at a discount to the US as it did when long termers bailed out when she fell below 60c last year!