hi, blakeww31 - thanks for your kind words. if a RM is announced here of the magnitude we're anticipating, SIRG (or whatever the new ticker becomes) could run for months.
there's also no telling just yet how much the value of the initial footprint may increase as it becomes a mature company.
the BK docs showed OROT to be generating a huge amount of revenue. i was able to corroborate it via other sites. in one case it's listed as $118.24M on an annualized basis, and ecuador is using USD as their currency, so no conversion is required.
usually RMs are done so a private company can access public markets and its insider shareholders can monetize their equity stakes as new subsidiaries are brought into the vehicle. any shares issued to insiders would be restricted for at least 6 months.
in this case, SIRG represents quite an opportunity for management and market speculators alike, because the equity value has been so depressed, extreme leverage can be gained from revaluation.
it's always prudent to take profits along the way, but the traders who do best here might be the ones who keep some exposure as the story unfolds... for quite some time to come.
i'm looking forward to the tuesday trade, and think FINRA took the Q off for a very good reason.
i also feel especially bullish when bears are unable to make arguments that are logical and sensible.
for example, i'm hearing sunburst got all of SIRG's assets for basically nothing, despite the huge value of the mine, and then there are vague allusions to "asher" as this worrisome thing, yet no links to any asher debt are provided. and then jorge's emails... no need to go into detail there.
empty, hollow, "frightening" but unsubstantiated things, illogical statements, all are... bullish. lol
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