RTG is definitely a better buy now (volumes are low on TSX but if you sit at 10c people will sell into you)...The higher SRM sp goes the better a value proposition RTG becomes. Richard Hains has done this over the past quarter (slowly buying a furter 7M RTG stock and he now holds just under 20% of RTG).
It will sort itself out after the merger but those getting RTG stock at these levels are, at these prices particularly, going to do extremely well purely based on the mathematics - a very healthy arbitrage opportunity!
SRM Price at posting:
38.0¢ Sentiment: None Disclosure: Held
