TSXV:SLX.P - Post by User
Post by
cigarsailoron Nov 27, 2010 1:03pm
439 Views
Post# 17766262
Price is right
Price is rightMy thoughts - The .62 price is probably just about right for the PP. It is higher than the 30 day average price which is about .57 if you average from the former company Silvermex Ltd. This newco has been trading for less than 2 weeks so there is not much to go on for any type of demonstrated sp stability. The potential for this company is huge and those that are concerned about whether the price within 2 weeks after a merger is .62 or .72 are not considering where this company will be in less than a year. I see Silvermex at well over a dollar and possibly at $2 to $3 within 12 to 18 months so I am thankful that I can buy more at this very temporary price discount. GLTA