OTCPK:TGGDF - Post by User
Comment by
HornbyBayon Dec 14, 2021 10:20am
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Post# 34228586
RE:RE:RE:66%
RE:RE:RE:66%I can understand why some are selling - for tax planning purposes. Some would rather have a capital gain this year instead of next year. In terms of buying, you're going to have next to no gain - and it is short term. The only reason i can think is that SSRM supporters (and Taiga insiders?) are buying for yes votes.
For Taiga shareholders, this deal makes no sense. But, for Eagle Plains management, a good relationship with SSRM could lead to future joint ventures. The junior mining game is all about relationships and information.
Disclosure: I own shares of SSRM, Eagle Plains and Taiga, just my opinions, not investment advice.