STB south boulder mines ltd

Honk honk honk ... Sprott can do all the due diligence they...

  1. 127 Posts.
    Honk honk honk ... Sprott can do all the due diligence they want, they can have a big due diligence party and jump out of a due diligence cake but the market says STB is now worth a bit under what they paid and they will be reporting this to their investors and asking themselves hard questions about their due diligence because I bet they didn't get to where they are without risk management.

    You simply hope they don't cut and run or if they do you hope they sell to a take-over buyer, otherwise you could be carrying a corpse and watching sovereign risk for the next five years. STB is a speculative play; a take-over arbitrage play without a suitor.
 
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