GREY:RDEMF - Post by User
Comment by
wiseyoungmanon Apr 28, 2016 2:26pm
![](https://assets.stockhouse.com/kentico-cms/0341-00/images/Sprite.svg#id_Post_Views_Icon)
144 Views
Post# 24821600
RE:Takeover Target?
RE:Takeover Target?
No chance. Do not agree. RD management is too smart and this company is very closely held by major shareholders who want a lot more money than $1 per share. They want to do additional drilling and expand mine life and also show the underground potential at Vetas by doing more drilling just like they said. Once the company becomes generating cash flow and after the above, the majore shareholders would be open to a takeover but at a much higher price. No chance the major shareholders would agree to $1 when after doing the above over the next 12 months they could get at $2 or more. I am giddy on this stock. GLTA