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Bullboard - Stock Discussion Forum
Rio Novo Gold Inc.
RIVVF
Metals & Mining
Gold
"Rio Novo Gold Inc is engaged in the acquisition, exploration and development of mineral properties located in Brazil and Colombia. Its properties include Almas gold and Matupa gold projects in Brazil and Tolda Fria gold project in Colombia."
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Bullboard (GREY:RIVVF)
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(127)
•••
AlfTanner
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Post by
AlfTanner
on Dec 18, 2017 7:00pm
I think this merger will be great
I am an Aura share holder. In my opinion, this merger will be great for share holders of both stocks. Both stocks are under valued. Rio Novo has great properties but no cash. Aura has lots of cash
...more
(43)
•••
Metalsguy1
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Post by
Metalsguy1
on Dec 18, 2017 4:26pm
Retail Shareholders in RioNovo should have been kissed first
There is a very off putting odor arising from this deal. So this is how I see it. Britos owns just north of 50% of Aura. He owns nort of 60% of Rio Novo. After more than a year waiting for management
...more
(29)
•••
elgin1
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Comment by
elgin1
on Dec 18, 2017 12:28pm
RE:Maybe there is some hope!
Basically this benefits Britos and Aura shareholders. RN is sold at is curent valuation of 10 cents a share which is extremely less than the uopdated DFS done recently. Nortwestern acquired RN
...more
(0)
•••
thisldu3
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Post by
thisldu3
on Dec 18, 2017 9:30am
Maybe there is some hope!
ORIGINAL: Aura Minerals Inc. and Rio Novo Gold Inc. Announce Merger Transaction 2017-12-18 06:23 PT - News Release TORONTO, Dec. 18, 2017 (GLOBE NEWSWIRE) -- Aura
...more
(29)
•••
elgin1
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Comment by
elgin1
on Dec 14, 2017 11:34am
RE:okay so whats up with this
Even though it is a publically treaded company, most is owned by Paulo Britos. He will not use his own money to finance it . So management has done nothing with some good assets. My guess it will be
...more
(1)
•••
Timbitonewbie
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Post by
Timbitonewbie
on Dec 03, 2017 10:46am
okay so whats up with this
company.. I had bought in at .9 and sold a majority of my shares at .15 and then when it went back to .9-.10 I bought alittle back. Havent looked at it in a while as I had derisked this
...more
(29)
•••
elgin1
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Comment by
elgin1
on Sep 04, 2017 6:36pm
RE:RE:RE:RE:RE:RE:RE:forgotten jewels
Well they did announce annual meeting. It raises more questions by giving out that nr. Dfs is profitable at 1200 and gold being at 1340 lot easier to finance or get soepmething done. Btiros owns 70
...more
(10)
•••
mullatschak
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Comment by
mullatschak
on Sep 04, 2017 2:47am
RE:RE:RE:RE:RE:RE:forgotten jewels
indeed strange. In my opinion this "lead arranger" or agent Needs to talk to 3 parties, RN Management, Operator and Financing Party. Maybe they release it due to the fact that they have
...more
(29)
•••
elgin1
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Comment by
elgin1
on Sep 02, 2017 11:42am
RE:RE:RE:RE:RE:forgotten jewels
Yes odd nr but then why even release it? There is no management team experienced emough to build a mine anyways even if they do get financing. Maybe a joint venture arrangement ? They shoul only
...more
(10)
•••
mullatschak
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Comment by
mullatschak
on Sep 02, 2017 8:32am
RE:RE:RE:RE:forgotten jewels
Who knows what a potential lead arranger is? The company understands that the results to date of the project review on behalf of a potential lead arranger have been encouraging.
(29)
•••
elgin1
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Comment by
elgin1
on Sep 01, 2017 9:42am
RE:RE:RE:forgotten jewels
Dud you guys read news release for shareholder meeting? Said they are negotiating financing for Almas ? But they have no team ? Said negotiations are encouraging? "The company also
...more
(10)
•••
mullatschak
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Comment by
mullatschak
on Sep 01, 2017 2:05am
RE:RE:forgotten jewels
You could be rigth. I'm not sure about current Gold price. Is it climbing on political reasons (North Corea) or is it time for Gold? We'll see. But sure is no time to sell RN...
(0)
•••
thisldu3
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Comment by
thisldu3
on Aug 25, 2017 6:06pm
RE:RE:forgotten jewels
What management is doing? Just read the financials, they are doing nothing.
(29)
•••
elgin1
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Comment by
elgin1
on Aug 14, 2017 4:40pm
RE:forgotten jewels
Not forgotten.... seems like Pershing is always buying .... gold at a decent price . Not sure what magementbis doing ? One day will come? Lol.... it will . I think all juniors have bottomed. No
...more
(10)
•••
mullatschak
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Post by
mullatschak
on Aug 12, 2017 4:35am
forgotten jewels
seems, that this stock is not anymore at the Radar of anyone. But who cares. The "one day" will come:)
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