CBH played the trump cards ages ago, smacked for their insolence and noses put outta joint...thats a fact. They both need each other, it just depended on who had the whip hand...as this moved so did the egos but CBH can NOT afford $70 mill+ for their plant...PEM have the whip hand and both parties will melt in together imo. CHH shareholders will no doubt lose on positions bought at peak, thats life but reality now has dictated...with hindsight, that PEM are the survivors in The Hill. CBH directors buying gave us a hint, Chinese stealing PEM gave us a hint................commodity run once again make it a no brainer!!! Now what no brainer ( ego ) will spoil the party. My thoughts only.
CBH Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
