Given the Gold price uptrend maintained, then it is a good...

Given the Gold price uptrend maintained, then it is a good opportunities to sell RED and buy SLR if its price is less than 4.34 times of RED price:
* If merger happen, then the ratio of them would be around that range, you get the premium earlier;
* If not, then very likely SLR runs higher and faster than RED.

Anyway, no loss to choose SLR.

TA perspective, I suspect the merger would be accepted by substantial holders when its chart is so promising to get a historical high to finish this super cycle.