Marlin Gold Mining MALZF

RE:RE:Rights listed and trading yesterday

[k22k22]

Different perspective.  I was indicating the outcome if you were looking to purchase rights on the market then exercise,  0.30 + (.02 x 2.66) = .3532 to obtain a share, a discount of 4.5% from .37 for someone looking to get into this.  But I don't see any rights moving either so Bazinga there.

Of course for existing shareholders then yes it does represent a 24% discount to exercise, well less now with the last trade of 0.35, but none the less I intend to fully subscribe as it's a way to get a larger position that I cannot otherwise get because of lack of volume trading, especiall at 0.30.

Either way as long as GLD stays supported I think we should do well to exercise at 0.30, can't see how you can loose.  Has anyone seen their rights show up in their accounts yet?