re: woul you buy jrl now given that JRL traded around the 20-25c...

re: woul you buy jrl now given that JRL traded around the 20-25c mark prior to accumulating much of the EME land holdings and allowing that JRL has 10m EME (30m JRL shares), it was fairly predictable that for every 30c EME moves JRL will move 10c.

i suggested that a tripling was being priced in, on another thread and it seems this is how it played out.

just need to keep an eye on any arbitrage opportunities from here.