SER 0.00% 2.1¢ strategic energy resources limited

The sp rose 22% yesterday and with the sell side quite thin, IMO...

  1. 772 Posts.
    The sp rose 22% yesterday and with the sell side quite thin, IMO we should see some further positive action today.
    MEGA have valued ULEY for the purposes of the deal at
    $70 million (CDN) so about 20 cents per share. I would think their IPO would look really attractive to investors if SER's sp was in excess of 20c. In addition to a world class resource they could go into their IPO with a mine in production and a cash flow. This would only take an interim agreement done "contemperaneous" with the MEGA deal. Time will tell. I think soon we will see a new batch of investors as long term production and profitability begins to be understood.
    Just all IMO and have a great day folks.
    flatchat
 
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