is something being missed .., page-3

here's part of a recent report by Stock Resource, they aint right all the time, but have a pretty good track record;

"Stock Resource Recommendation
The Bolnisi share price has drifted lower on the back of weakening merger terms. This is partly a function of funds shorting Coeur and provides a handy 5.6% discount to the theoretical offer price. We believe that increasing investor confidence that the merger is on track as the documentation is sent to shareholders in coming weeks, along with an improved outlook for the gold price will start to drive the Coeur and Bolnisi Gold share prices higher. However, to fully capture the upside of investing in Bolnisi Gold requires accepting the merger terms and then receiving Coeur CDIs which will be listed on the ASX. We expect a significant rerating once the deal is consummated and Coeur trades as a significantly larger entity.

Hence, Stock Resource reaffirms Bolnisi Gold as a Buy up to $2.76 for Members without current exposure."