RE:RE:20, 000 shares@ 1.07I think that as we move through the acquisition process the price will continue to swing, like it has today. I've invested in a lot of small/mid-tier companies like Trevali and during acquisitions it's not uncommon to witness large swings like this.
It's very hard to financially rate the stock before shareholders actually approve the merger and before we have some actual quarterly financials after the merger.
There are also a lot of unknowns hanging out there:
1. Will the stratmat PEA show a profitable mine that's fiscally responsible to develop?
2. Will the price of zinc climb?
3. When will Glencore put their 500,000 tonnes back into the market?
4. What will treatment charges settle at?
5. What will happen to the global economy with Trump and Euro elections?
Many of these things will be come clear through the summer and into the fall, but some will remain. I expect some large fluctations in price during this time period. Just my thoughts.
Michigan