GREY:WFEMF - Post by User
Comment by
chizzleson Aug 21, 2015 9:56pm
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Post# 24042198
RE:RE:RE:Merger will take Almonty to way over $1 shortly.
RE:RE:RE:Merger will take Almonty to way over $1 shortly.kilgor wrote:
Almonty's share price is inflated due to low volume of shares in circulation and their share buy-back program. It will come back down post merger. Can we short Almonty's stock?
Kilgor, I know that you are upset about the merger but it is what it is. Why do you think the share price will go down if a strong company capable of producing and has a greater chance of financing combined with the largest body of tungsten outside of china? Even if the terms aren't great, we should finally get into production. My guess is that an official merger will put Almonty's (our) share price over one dollar. Why would anyone sell at this point?