Bearing Lithium Corp BLILF

BRZ's last trading day!

[tiger2201]

Today will be the last trading day for BRZ. Based on LPI's closing at 0.455, so our BRZ is worth C$0.292+0.015 = C$0.307, at 1C$=1.092A$. With SP at C$0.28, the cash component will be 5.36% yield, total discount is 9.52%.

If you want to sell, today is your last chance, otherwise, hold it long, you will have more gain with the appreciation of LPI shares. Personally, I see LPI will be bought out within 3 months.

tiger

[neosceptic]

I think it is make sense to hold no matter what, unless you are risk averse investor (but in this case BRZ could be too risky for such type). In few days it should go up to erase the discount. Then, we will have an upredictible period, because it is impossible to predict investors' intentions. There could be a lot of investors who expect 30% up on the merge (one of the most significant