Hi buthcherboy,
Your post is a good one because it highlights one of those extraordinary phenomenon that we see not only in the market but in many areas of life in general.
You think the dilution of SLR stock is small because of the potential gain to SLR by way of gaining IGR's assets. But you are of course looking at it from an IGR point of view.
On the other hand, SLR shareholders are looking at it from an SLR point of view and in their view (at present at least) they are not allocating as much positive sentiment into the IGR assets as your good self.
Ask 100 people who the best tennis player was over the last 100 years and you'll get 100 answers. Its all about perspective.
Now, if the gold price rallies through $1640-ish and breaks to the upside of its currently developing descending triangle and heads to $2100 as the chart pattern suggests, watch the perspective of this SLR-IGR union change on a dime!
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Hi buthcherboy, Your post is a good one because it highlights...
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