CIL
VictoryShares International Volatility Wtd ETF
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Let me explain the stock strategy that has helped me make over $40K at just 20 years old — and NO, it is NOT trading options.
Reverse Split Round-Up Strategy: Why Some Traders Buy Fractional Eligibility — Does This Strategy Actually Work?
Cerrado Gold Starts Heap Leach Operations at Las Calandrias Project
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reverse splits usually take some time to show up in your account again, and usually they do CIL instead of giving you your shares back
Antimony is a refractory for gold, be interested to know how they juggle the extraction of the 2 minerals. Probably extract the antimony first and run the tails through a CIP/CIL circuit would be my guess, extracting gold first makes no sense. Looks like i got some shit to look up.
ASIC of $2939 per oz is carzy high. I've worked gold for 3 decades, a good CIP/CIL circuit can extract at an ASIC of between $800 to $1200 depending on feed grade. They really need to look at the efficiency of their plants.
Not always. We use cyanide (CIL) here as well and it’s more efficient and we aren’t slowed by it at all. Leeching is slower and less efficient, but it’s cheaper to process
How valuable are advice columns like [these?](https://www.fisherinvestments.com/en-us/campaigns/smo/br?country=US&PC=APLBW11A29&CC=3CIL&alleycode=LF&utm_source=Apple&utm_medium=Banner&utm_campaign=NBCUO&O300x600&utm_content=News&preserveevent=true)
i made $350,000 already!!! i expect a run from 0.03 to 0.35 when conoco phillips or exxon neighbors buys out the wells. your poor if your chasing establish shit. all these ppl talk about CIL and beyond meat… FOH
The first part doesn't necessarily mean anything more than Robinhood is a shitshow when it comes to stability and accuracy. They could easily have acted as a real broker to buy the shares, but programmed their reporting software incorrectly. The second part is pretty poor. I really don't know enough to say if CIL is any sort of standard procedure elsewhere or anything you have to agree to, but it's bad either way
Thanks, that helps. I was tinkling the CIL would be something like the difference in option value at the time of the split for a contract at the new strike call the old strike, basically making my strike higher but paying for the added risk. This math makes the risk profile the same, which is what I thought was supposed to happen, just got confused when E*TRADE showed the 116.67 effective strike on my adjusted contracts.
It is an all share transaction, so there should be no capital gain until you sell your shares in the new company. If you receive cash in lieu (CIL) for any fractional shares, you will need to adjust your cost basis.
A T5 is a statement for investment income related to divs or interest. I think you are referring to the T5008 which is your trading summary and no a merger does not count as a disposition of shares until you sell your shares in the new company. Along with the merger you will need to adjust your cost basis by any cash received in lieu (CIL), as you will always get some cash for your fractional shares.
A few things could happen: 1. They will give you the cash value of your shares. This is called cash-in-lieu, they sometimes abbreviate it as CIL. 2. They will round up your fractional shares to a full share. If you know they are going to do this, you can actually buy a single share and wait a few days to sell the new full share. Not every broker rounds up, here's a list of who does and doesn't (disclosure, I run this site): [https://www.reversesplitarbitrage.com/brokers/](https://www.reversesplitarbitrage.com/brokers/) 3. They could give you back a fractional share. $LEE did this last week, it's the first time I've seen that done and I've been tracking these since 2017. 4. They could round you down. This is rare, and is mostly done by foreign stocks. 5. They could sell all the fractional shares and donate them to charity. Tesco did this recently. Super rare. 1 and 2 are by far the most common. GE hasn't announced how they'll handle fractional shares yet. I've been tracking reverse splits for a few years, and I strongly suspect GE will do option 1 (pay cash). I'd say 90% chance they pay cash, 10% chance they round up.