Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : DISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL -- Ignore unavailable to you. Want to Upgrade?

To: onepath who wrote (4432)	10/28/2011 8:40:29 AM
From: PaperPerson	Respond to of 4690

Re SEM and CRJ.TO: You may get it. I went ahead and bid u.s. 16 cents On the pink sheet STEUF. I ended up paying 15.7 u. s. for most of the new stock. I am averaging up, so my average cost is still only 13 to 14 cents depending on which account u look at. I don't blame anybody for taking a profit here. But for me SEM is a way to buy my favorite gold producer stock Claude Resources at a discount. The Spinco stock is a bonus that is being handed out free at the moment. At c16 SEM is a straight swap for Claude at the agreed upon ratio of 0.789 shares of CRJ for each share of SEM. I think CGR/CRJ under c$2.00 is an outright steal. And it has very good liquidity. I think my CRJ warrants will pay off nicely but they Expire in spring 2013. So the SEM is a nice way to move into the stock!