RE:RE:In case you haven't noticed... look at what CXB has done...Thanks tC... all is good... :)
Just to clarify... my initial holding of 50K shares of MOZ, at an average purchase price of $0.44 was as follows:
* 20000 @ $0.15 .... $3000
* 15000 @ $0.39 .... $5850
* 8000 @ $0.67 .... $5360
* 7000 @ $1.14 .... $7980
These 4 purchases were made between Nov/2015 and Mar/2017. The initial total investment was ~$22K and the MOZ shares, which have translated into ~31K of CXB shares, were/are held in TFSA accounts (my wife and I)... so there is no tax issue, capital gains or otherwise, on these positions.
Additionally, I have on several occasions over the years (outside the TFSAs) bought and divested MOZ shares... for example... buying at a price of $1.67 and then selling at $2.58, buying at $2.27 and selling at $3.03, buying at $2.67 and selling at $3.23, etc. And, in November of 2023, before the CXB acquisition of MOZ, I purchased 10K shares of CXB at an average share price of $1.25.
~2 years ago I mentioned in the MOZ forum: "Marathon properties in NL will deliver ~8M OZ, when all drilling/assays are complete!" Given the resources already in place and the fact that there is so much drilling left to do in the Valentine Lake area, my expectation is that we will see a very nice upward move in terms of resource in the ground and great potential for a new discovery by the end of 2024 and/or mid 2025! In fact, I believe that exploration and discovery will go on for several more years.
Folks... now that CXB is in the driver's seat, breathe deep and relax... all is good. And, if you can't do that, there is an alternative!
Cheers!