Santa Fe I'm betting that the deal gets done...albeit with more delays...approx. 6 CSC shares for 1 Santa Fe (SFEG)U.S....
Santa Fe looking very strong ...a $ 1.04 now (and on the weakness generated by the so called silver crash)...and Santa Fe looking at $1.20 any day or hour...the arbitrage math for bettors like me...
6 CSC at 0.12 = 72 cents
6 CSC at 0.13 =78 cents
6 CSC at 0.14 = 84 cents...
Hey folks I've run out of money accumulating at these levels...am I nuts or have other posters filled their boots at these levels as well?
The downside is that deal falls thru, and I own a junior silver explorer with excellent potential for a measley 13 cents!
...my caveat is that I believe Silver has taken a good correction in a bull silver market so am personally bullish in silver...
...but this stock at these prices is a steal...in closing remember that 6 CSC at 0.11 = 66 cents ! GLTA