All small cap miners are being hammered, particularly gold miners. But I would have thought that this merger, and the strong position HC posters believe it creates for the new entity, would have given SXG a small margin of insulation. Instead the opposite seems to be true.
Is SXG a screaming buy at 2c or are investors right to leave this one alone until it proves itself? As someone who has already averaged down a couple of times I am starting to wonder. Any bright ideas out there or should we all just give up and buy TLS?
SXG Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held