Two merger updates last week they went from over 75% to over 78% in 2 to 3 days.
Imo, I don't think it was because of them going unconditional as it was too quick a response, snail mail doesn't work that way.
More likely people getting back into the swing of things after new year break.
I that is correct, than another big jump thus week sees them into the 80% approval range.
And I don't think that the Mutineers will automatically sell their shares in Doray, as they have been waiting patiently to be part if something bigger.
Doray in completion gets rerated for doubling of reserves and then rerated again as it moves in short order to a 160000oz per year producer.
Silly move to sell your shares before full value is reached, Imo.
MYG Price at posting:
6.0¢ Sentiment: Sell Disclosure: Not Held
DRM Price at posting:
60.5¢ Sentiment: Buy Disclosure: Held
