GREY:CLGRF - Post by User
Comment by
Aurum1983on Mar 15, 2016 8:43am
153 Views
Post# 24658839
RE:RE:RE:Looks like SSO is a sinking ship
RE:RE:RE:Looks like SSO is a sinking shipSSO holders can also vote this down by a majority vote. If CRJ holders rejects the deal then it won't get that far. I reckon SSO holders are not convinced this deal is what they need to turn SSO around otherwise why have they drag both companies down to this level? The combined market cap is only 853M for chri*t sake. The sooner we accept that there would be no deal the sooner we can get back to normal.
Gold retrace is only temporary IMO. Gold heading north long term is a global trend no single central bank can fight the global downturn we are in. Countries are competiting each other for growth with their monetary policies which ironically makes each of their effort less effective. The domino effect has begun. Non-belivers may slow, but not change, the inevitable.