by Dave Kranzler, Investment Research Dynamics:
Before I turn to the title topic, I wanted to mention that one our portfolio holdings, Chaparral Gold, is being acquired for $66 million in an all cash deal. The price represents about a 20% premium to yesterday’s closing price. Chaparral is a Nevada-based junior exploration company which potentially has several million ozs of gold. I bring this up because one of my research report ideas is actually up 12% since this latest attack on gold started in mid-July and since the time I posted the report at the end of August. I plan on redeploying some of gains from Chaparral into more of this stock today. The stock is getting hit today in this general equities melt-down and I think it’s a great time to start, or add to, a position. You can access the report by clicking on Mining Stock Reports or on this logo:
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