@thinkNgrowRich I'm fairly heavy into these guys. I'm wondering if I should cash out now and avoid the opportunity costs. I could buy back when the price starts to move. Given the gov't's luke warm response to interim support and their own project, is there any likelihood of resurrection? Any chance they'll be bought out like Arena ($AMRZF)? I netted some $LAC shares from that deal. Any encouraging words??
@CLEARGREY32 @Delamer65 Since the announcement of LAC buying out the rest of $AMRZF, buying Arena has enjoyed an approximate 2%-7% advantage over buying LAC. At the moment it is closer to 1% because LAC has moved down today and Arena is closer to yesterday's close. The simple calculation of LAC price x 0.0226 tells you the momentary advantage. The sale of Arena is locked in at 0.0226 shares per LAC share so the price will go track up and down with LAC but does lag a little.
@CLEARGREY32 @Delamer65 Are you aware that $AMRZF is being purchased by $LAC and will become part of LAC South America which will include C-O, Pastos, Arena, etc? Each AMRZF share will be worth 0.0226 shares of LAC. The transaction is expected to be complete sometime 3rd quarter.
I will hold my Arena shares and let them roll into/add to my LAC SA shares.
$AMRZF - TA Alert: Price may retake control for Arena Minerals as Parabolic SAR Extended… https://www.macroaxis.com/stocks/Overlap-Studies/Parabolic-SAR---Extended/AMRZF
@rsmracks I'm with you on the longer holds. My $VTMXF position is up to 4M and I'm planning on taking it to an even 5M after the 1st. My broker doesn't see it as I do, but this is the discretionary portion of my portfolio - non-IRA. I'm heavy into $UURAF, $AMRZF, $LYSCF, and $MOS. I'm looking long at REE, fertilizer and water.
