How Good are CVN's Prospects, page-244

Retired123 I think you have hit the nail on the head. Dorado is years away so investors (short term) will look elsewhere in the mean time.

Buffalo is taking longer than I would have hoped and with Christmas period around the corner, it seems a deal might not happen which then pushes it till early next year.

On top of all this, Adrian keeps talking about farming out the other permits but as nothing has happened for some time, this might also take a while.

With all of the above, a slow process, gives the short term investors time to get out and possibly get back in later. I think this is the likely scenario over takeover manipulation.

I could be wrong but this is just my opinion.