Hi everyone,
Scenario 1: Stock is put on hold and we hear a news release: St. Elias has an economical gold deposit at Tesoro. Tesoro hasn't yet been sold, but it's on the market for the big guns. SP rises to 10$/share
Scenario 2: Stock is put on hold and we hear a news release: St. Elias has an economical gold deposit and has been sold to a major gold mining company. SP rises to 10$/share
My question is, what would be a more favourable route: sell due to a high SP? Or hold on in the hopes of a large cash dividend?
I appologize because I am brand new to the world of investing. I own what I feel is a fair amount of SLI stock for my bankroll and if/when the time comes I want to make the right decision. I realize that any responses are purely personal opinions and I will not make any decision based on them. I'm just curious as to what others think.
Thanks, Mack