Post by
NiN777 on Aug 22, 2020 8:07pm
I added at 1.20
Was too good to resist, $1.75 is a firesale, Newmont want out and are taking a write-off, thats part of their portfolio review after the GoldCorp merger along with the poor past performance. It will iddle abd trade sideway for a while but we're in a gold bull market and valuation rose across the spectrum except for TMR.
Comment by
LowtoHigh on Aug 22, 2020 11:48pm
That is why I took my position as well, albeit slightly higher at $1.35 but I'm thinking along the same lines as you...let's hope for the best!
Comment by
TeamEddie on Aug 23, 2020 1:40am
You may be waiting 6 months before the deal is approved or denied no other offer can occur at this stage
Comment by
LowtoHigh on Aug 23, 2020 10:56pm
True. What's your opinion the stock climbs back to offer level of $1.75 or at least north of $1.50 within the next 6 months?
Comment by
effectemergence on Aug 24, 2020 10:30am
if a strategic review is announced it may take 6 months