RE:NEW HEREYou come near the time of a potentially cuspal event. I suggest that if you want a position, you're going to have to buy it in a small amount of time, which would subsequently increase the cost. However if the lab results came back and IMC signs the deal (I figure 3rd week in April for the results and for them to deliberate over them) the cost will go up . . . significantly, whereas if IMC rejects the deal . . . well, that'll just be more of the same.
In short this has the potential to do more than double over the next 4 weeks. I figure an announcement of the deal will cause an almost immediate triple against the market price today. I wouldn't pay anything over that however, as while Woulfe's portion of Sangdong is worth about .35 a share that ignores the value of assets as yet unexplored, assets that Woulfe will be able to explore using their income from Sangdong, so even dividend prosepects look sort of weak in the begnning.
On the up side for Muguk gold prices are going to start to rush up again. I mostly trade silver, primarily because I like stacks of bricks instead of a couple tubes of coins that represent so much in a post crash economy that you're be overpaying for everything. So I have silver dimes, one ounce rounds, morgan dollars, a few 5oz bars, lots of 10oz bars, and a 100oz bar I bought my wife as a sort of joke. I told her it was ammo, when she opened it I explained she'd have to cast her own anti-lycanthrope bullets. So while I'm not excited about gold mines, other folks are, and speculatino about Muguk after a success story at SangDong could have totally unpredictable effects on the stock price.
Er, you're new here, so, disclosure, I hold about a half million shares of Woulfe.