Take physic, pomp

Chart of the day is………

……..Linear Gold’s (LRR.to) three month price chart.

Your social Otto has had two separate conversations about this stock since it announced its merger with Central Sun (CSM.to). The first one was just after Christmas when the stock had moved a bit, then the second was on January 6th when the stock moved a lot. (I hope the first person bought some and I hope the second person didn’t).

But then after it moved again, and fast. “Really strange to be a sleeper that long and then suddenly ping 50% or so”. That was until yesterday’s news of the $15m bought deal. It’s just the houses playing their little games after all.

Bottom line; if you like this stock, maybe wait a while longer cos the recent price run-up was a Bay St. special. DYODD dude, but one thing i’ll add is that I’m glad LRR.to has taken over CSM.to because now there’s a chance there abysmally contaminating Limon mine in Nicaragua cleans up its act. I don’t own either stock and never have.

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