Petrominerales Ltd PMGLF

RE:RE:RE:RE:RE:RE:RE:RE:A little puzzling whats going on

[Squint1]

If you sell right now you get the market price - $11.85 - as I type.  If you hold until the closing date, you get $11.00 PLUS a share in the new company that is worth an estimated $1.80 (per RBC).  So it is a trade- off between $11.85 now or potentially $12.80 ($11.00 plus $1.80) later which is estimated to be a Nov. 30 close.  If just interest on the money were the only concern, waiting for the $12.80 would seem better - but there is also the risk that the deal may not close - for whatever reason in which case you would continue to hold PMG and the market price may decline.  Hopefully this gives you the whole picture.