Can anyone shed any light on the relationship between Hudbay and Aquila Resources? From what I gather Hudbay has invested roughly 30 million into Aquila's Back Forty project and has now decided to walk from this relationship/project. There's been mention of a brokerage house called All Group, apparently they have a large, albeit substantial losing position in Aquila, anyone here know of them? I'm trying to figure out if there's value in the Back Forty? At first blush it seems that Aquila's current stock price is well below the future potential of that site.
thanks in advance for any insight