I suspect the smart money is with those holding or buying. The agreement to sell at B2Gold prices to B2 Gold closes tomorrow (and get the cash back or get B2 Gold shares) I believe that the price that will come to those who traded their Australian shares, for cash after merge, will not be decided for up to one month, and as many of the holders work for the trading company, they will be looking for the best price.
Those that are buying now also think that gold is at its lowest price. Some "experts" are advocating buying gold now as it is close to or at its lowest (hence the low PIR price).
So maybe it is buy if you can.
Of course, those who have held and wait for the merger should be at least as well off in the future (I suspect better off with B2 Gold) than with PIR which has been a great investment.
PIR Price at posting:
$1.52 Sentiment: Hold Disclosure: Held
