I am not sure anyone knows what/when GAU's plans will unfold except Alan Doyle.
Lots of speculation on HC about a takeover coming from SLV, but I don't buy that story. Not to say it wont happen.
It looks like the market at large no longer believes the T/O story, or the extremely large platinum target of 9moz@4gt pgm that Snowden calculated.
It is a real pity, and all the while the Pt price is going off!
Biggest risk to option holders is they will force a conversion at these or lower prices to take part in the Ni spin-out.
As always, GAU remains a multibagger, but probably not until AD and others have themselves set the way they want to be to capitalize out of it. Hopefully the shareholders will get a little profit too.
As to when it might start to move north, that is anyones guess, and possibly if you find another investment that will provide better short term gains, it might be wise to move your money elsewhere and keep and eye on GAU for reentry.
I might lighten up, but plan to hold most.
I am not sure anyone knows what/when GAU's plans will unfold...
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