GREY:RGVNF - Post by User
Post by
d22jon Nov 10, 2009 3:01pm
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Post# 16472132
How can we possibly be trading at .07
How can we possibly be trading at .07I'm trying not to be negative, I just don't get it.....Here we sit at .07 cents while EUGS is trading at .30 and UNRG trades at .35
REV owns 12 million shares of EUGS valued at .30 = $3,600,000 US divided by 70,000,000 REV shares = .05 + per share. I believe Eurogas owes REV approx 3,000,000 - that's another .04 per share. Our Cash in the bank along with our contract with United Energy / First Nations and our Red Mountain property apparently is worth negative .02 cents. This truly is a sad situation. Why wouldn't management want to capitalize on the success of their partners?