A while back we were talking about it made sense for NCM takeover LGL as currently NCM copper reserve is +50% and might lose the premium as a gold mining company. But the risks of LGL are always there before any kind of offer put forward.
Like the offer and believe SP will be well above $3.87. I guess the next question is where is this going to lead us? $4.50 is achievable.
Now I start to regret sold 2/5 of my holdings at $3.70 :(
shorts at it, page-51
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