Post by
ERTguy on Mar 10, 2016 11:52am
Lookin great today.
Gold reacted in a big way to ECB stimulus and rate cuts. IMO gold is setting up for a break to 1300 near term. It's too bad this stock and SSO don't feel the same way. It doesn't seem anyone is too fond of this takeover afterall
Comment by
jimmyrogers3033 on Mar 10, 2016 4:22pm
The arbs always do this - they beat up Kirkland Lake even worse after they bought St. Andrews - now look - the shares have rocketed higher. That will happen to SS too, in due time.
Comment by
Highwired7 on Mar 10, 2016 8:49pm
Kirkland only dropped about C.60 on the November 16th announcment and was flat for 2 months after that due to the low price of gold not so much the deal IMO. SSO dropped C1.20. gold is up US $250 since then, not even close to a comparison, this is NUTS!