OTCPK:MALZF - Post by User
Comment by
Go4Shinyon Oct 06, 2010 12:11pm
278 Views
Post# 17535282
RE: RE: nice trade tex
RE: RE: nice trade texNice to see I'm not the only one "arb-ing" this one although it sure felt that way. I sold the last of my OSR late last week to buy OGR. Picked up some OGR at 0.30 and 0.305. Sold my OSR at 0.085 and 0.09 for an OGR equiv of 0.34 and 0.36.
I find the gap between the two really strange, I would have thought there'd be less difference. I'm presuming some were in the know that these news were coming and would explain the higher valuation of OSR. If that's the case, the gap should narrow within a few trading days.
I wonder if another possibility for the higher demand in OSR is that these are the shares with a say on the upcoming vote. In the meantime, it's very interesting to watch and should be exciting once the decision on the deal is made.
I really hope the two do merge. I see it as a win-win even if the share ratio doesn't seem fair to some. We should get a steady flow. This will hopefully get us some much needed attention from newsletter writers and analysts. They have really helped other companies rocket up while silver and gold prices also goes up.
Anyway, it's finally nice to get some decent volume on these two companies.