Nice presentationThey did a very nice presentation for the conference call today. This deal is going to save our a$$es. Thank God! Things are looking great with Gold and Silver moving up well today, and these stocks have not seen any benefit from the minerals upturn yet. I think it will come after the deal closes, after September. Sounds like lots of good news to come in the fall. I'm fully invested now, but it looks like a good trade with 40% or 50% upside to buy EXM here and benefit from the conversion to DIB in a month or two!
I agree that we may see a share consolidation after the merge, but I think with the news coming about projects proceeding through the fall, overall we will see a big turn to the upside, hopefully back toward the DIB highs.
Congrats to the longs who have held on through the crap as long as I have. Hopefully you were able to average down a bit.
Here's to $1500 or $2000 gold prices to come!