RE:NML RTOLong story short... if you have shares and the new company / parent company is successful the share price can be expected to go up. The lower your average and the longer you hold for that success to kick in then the better off you do.
You invest and hold in a good company when you are optimistic on it's future propects. When that may happen is up to what happens in the markets down the road.
Good luck with it all.
Q
Labcityminer wrote:
Price absolutely stinks.. Labmag and Kemag with billions of tons of ore being given away for free.. as are the port facilities worth many millions.. .. it's a great deal for the vulture venture calitalists. who have a non operating shell company with $5million in cash and $5million in debt doing a reverse takeover of a company with $12million in cash and investments and no debt.. and once merged we get 17% of the merged company ??? !! .. I have been long this stock for over a decade .. will not be voting for this lousy, awful,dreadful deal..
What is the rush to sell.. the assets owned by NML would be worth far more to an existing Labrador iron ore company.