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Bullboard - Stock Discussion Forum KAMINAK GOLD CORPORATION V.KAM

Metals & Mining Gold
"Kaminak Gold Corp was incorporated on July 4, 2005 under the Business Corporations Act (British Columbia). The Company is an exploration stage company. It focuses on the acquisition, exploration and development of economic gold and other precious and base metal properties. The projects of the Company include Michigan Potash Project, Michigan. The Company is interested in exploration properties... see more

TSXV:KAM - Post Discussion

KAMINAK GOLD CORPORATION > When is it most opportune tol sell my KAM stocks???
View:
Post by kaliya108 on May 13, 2016 2:45am

When is it most opportune tol sell my KAM stocks???

Hi,

As I'm not interested in holding Goldcorp stocks, I would like to ask I anyone has an idea about when one could expect to get the most out of selling his KAM shares in this situation - now, after the shareholders vote, or ???

Kindly,
Kaliya
Comment by UptickHedge on May 13, 2016 8:59am
it all depends on where the value of gold and goldcorp go until the deal is closedl. The two stocks are tied to each other now, so when goldcorp moves up or down, so will kam relative to the transaction. Kam can go down or still rise above $2.62 even in this deal but it will take both stocks SP rising to do so. 
KAMINAK GOLD CORPORATION