WAKE UP!!!!!!!!!!!!!!!!!!!!!!! I deployed more cash here damn happy i did.You?
TGR: What are some current arbitrage opportunities?
JB: There's a company called Sunridge Gold Corp. (SGC:TSX.V; SGCNF:OTCQX), which has a project in Eritrea that is getting sold to a Chinese entity. On a per share basis, based on my calculation, a shareholder will get about $0.35/share in cash or more. It was trading at about $0.26 in early January, and that offers about 35% upside. Sunridge also has warrants trading in the stock market. Sunridge has released a news release saying that it would offer $0.02 per warrant to the owner of these warrants. The warrants trade at between $0.01 and $0.015, offering you anything between 30–100% upside by investing in a Sunridge warrant.
Source: Brian Sylvester of The Gold Report (1/11/16)