Re: Another junior acquisition - question
in response to
by
posted on
Dec 11, 2008 08:53AM
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a) My first thought was to sell, stay in cash, and find another quality junior or producer or even a gold ETF at a bargain price at the next dip.
b) But IAG did a nice buy with the OZN acquisition and the two cos has a very nice fit.
I did a), since I am overexposed in juniors because of a lot of averageing down and it was a chance for me to liquify a huge volumen fast and effective.
But I need to look at b) and do the analysis because it could be the case for Tyhee too. I do not know how other junior acquireres are doing in this environment ... any known examples?
Euro