That's the thing that bugs me. We're not taking over Keegan, the feeling is more of them taking us over, except it is a 50-50 merger. But Keegan will be the surviving corporate entity, hence we will need to swap our shares for a newly listed Asanko gold whenever that is.
Some pretty big buys going through lately. the volume has vastly increased. 500k at 82c a couple of hours ago. Not sure why people are selling here when there seems so much willingness to buy and be involved.
The positive is that we do not have to worry about funding anymore, which could have been the main catalyst for us treading water. Keegan holders have struck it rich imo. Their funding worries are gone as well, and they now have much better grades to crow about.
PVM Price at posting:
81.5¢ Sentiment: Buy Disclosure: Held