TSXV:MRS.H - Post by User
Comment by
Expos44on Sep 14, 2018 2:34pm
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Post# 28622533
RE:RE:Patience....
RE:RE:Patience....MTLO.v just recently completed a reverse merger which was identified by a trusted poster on another site. After reviewing this transaction, there are some similarities to which we are presently in.
The halt duration for this one to complete was 5 months, yes, quite long. It plays into what I have indicated prior (again based on other posters I trust DD and my personal DD) that halts around these types of mergers, including financing etc. can realisticly take several months.
A quick look at this particular example (just an example) is that it did take the several months and it did open with a nice run up on day 2 of 150%.
I am not saying this is what we will get absolutely....I am simply trying to illustrate that the "waiting position" we are currently in, now a couple months in may be just hitting the halfway point. Hopefully not of course, but given what I and others have found, it is entirely possible and normal.
GLTA