Mike, I'm a bit behind in the recent news. From what I see, the merger target's financials have come out. CGFIA's has not. Other than that, it is trading as usual.
We should see an uptic soon. Volume has been up, and the PPS has played around in that area a few times in the last few trading days.
There are so many fronts that news could come from right now. Merger info, assay reports, DRMS decisions on mill restart, and the dry stack progress. Any one of which should be positive and help out the price. Remember that the "chill" is still out there to be dealt with. It makes it a bit harder for some investors to buy CGFIA and slowing things up. (You just have to know which brokers to avoid. Anyone clearing through Penson will not allow purchases, only sales of CGFIA. That is Penson's decision not to handle penny stocks.)
My belief, FWIW, is this stock is way undervalued and should be trading much higher. There is a lot of things happening, so if you can, hold on and get ready for the ride. The potential is there for a good return. But that is only MY humble opinion.
Good luck!
My Internet connection is acting up, so I'll be on when it lets me!
Have a good one.
(Quote the Terminator "I'll be BACK")
Don't take my word for it, Do your own research! Then you will know it's true!
