Ann: PNR: Merger and Capital Raise Presentation, page-27

Well TUL won't be trading anymore, it'll all be in PNR
the result is TUL/PNR will essentially move with Gold price (which they haven't yet) and that's where the opportunity is.

RFM bought into the raise at 6c, all you need to do is look at their investments and you'll know this is a hold.

Regal don't go into anything with that sort of cash without making money, I see a 10c stock once this settles down.

Im holding both which will eventually be one.

Gold this time IMO will settle above 2k, still an opportunity to get in at a discount.