GREY:GDPEF - Post by User
Comment by
damianchosenoneon May 02, 2019 10:35am
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
36 Views
Post# 29700433
RE:RE:*****MEGA MERGER****
RE:RE:*****MEGA MERGER****There were 8 bids for RCG. This tells you that they know that there is a lot of gold on their proeprties; if Goldobor has lots of gold, then so does Dufferin; it is also bigger with its unexplored areas.
All the bidders know this. There will be at least 3 to 5 companies that will re-bid before the deadline that is coming. This all bodes well for us shareholders.
Personally, I rather see Anaconda or Atlantic acquire the company and subsequently, we would get shares in one of those companies instead; both ANX and AGB are poised for triple or quadruple returns and if they give us a good share ratio a lot of us would make gains or have a decent return.
Mentioning company XYZ that has 20 million but no properties and management is a little concerning because I feel that as shareholders we will be back to this same spot a short way down the road again. If a company has cash and no properties then what wil get them to help RCG out of the hole that current management created ?