Is there any such thing as a low-risk investment??With the loss...

Is there any such thing as a low-risk investment??

With the loss of copper production, which could take several months to get restarted and will require substantial funding to repair the dam wall and other damaged infrastructure, CUO is probably finished as an entity as it will not have the income stream to repay the debt to CFE.

So despite Tony Sage saying he wasn't really interested in CUO's assets, it looks as if that's what CFE will be left with.

So CFE will probably miss out on the $10 mill+ short term interest income and a short term low-risk trade will turn into a long term investment.
I think we have all held stocks that went from a short term trade to a long term investment.

While the assets of CUO could be worth a substantial amount in the future, the fact is that CFE has locked in over half its cash on this deal thereby limiting future opportunities to acquire other assets at bargain basement prices.

I guess the market in CFE will tell the story on Monday....