Q: I have been a shareholder of Inmet for a few years. Right now I'm up about 150% with the take-over offer. If memory serves me correctly the Globe wrote that 3 officers of the company hold 40% of the stock - so I am guessing the take-over will fail. I respect management and I expect the mine will prove profitable. However there is still 3 years to go before they pour their first ingot. Inmet forms 3% of the value of my portfolio. I am 61 years old, married and currently unemployed. (My wife is still working). Should I sell?
Thanks Jim
Thanks Jim