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Originally Posted by Trochu
Interesting personal note...I bought a bunch of Argonaut Gold, see they are getting bought/merging with Alamos Gold, stock has gone up 66.6% in the last month. Never owned stock of a company that was bought out/merged with another. Guess I need to wade though the intricacies to see what the merger deal is regarding Argonaut shareholders. Yay!
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I’ve been through a few mergers, you’ll likely just get an amount of stocks in the purchasing company that equals the amount you have invested in the company being bought. Basically a straight swap over.
GTE for me is starting to creep back up. A solid Canadian oil company operating in Columbia and Ecuador.