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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."

Bullboard (GREY:RIVVF)

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Comment by elgin1on May 04, 2017 12:12am

RE:RE:RE:RE:RE:DAZED & CONFUSED

Yes was surprised of the volume of selling but could be related to pog going down.  I agree at some point there ain't going to be many sellers left.  Time will tell.
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Discussion
Comment by thisldu3on May 02, 2017 7:43pm

RE:RE:RE:RE:DAZED & CONFUSED

There has been a seller dripping their stock out for sometime now. Maybe we are finally seeing what they have and what price they are willing to finish dumping. If the buyers are insiders then you ...more  
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Discussion
Comment by elgin1on Mar 20, 2017 5:42pm

RE:RE:RE:DAZED & CONFUSED

At gold price of 1250 .... Almas DFS is quite favourable so RN sp should remain steady . Very thinly traded . So yes still dazed and confused and nothing to add.
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Discussion
Comment by mullatschakon Mar 19, 2017 5:30pm

RE:RE:DAZED & CONFUSED

nothing to add!
153
Discussion
Comment by elgin1on Feb 23, 2017 12:59am

RE:DAZED & CONFUSED

Well one thing for sure Britos owns 72% of the shares of the company so it will not go bust...that is a given he wrote checks for all those years for a reason .  So be patient when gold goes to ...more  
302
Discussion
Post by thisldu3on Feb 21, 2017 9:49pm

DAZED & CONFUSED

RN is a very confusing and frustrating stock. It has an interesting asset, maybe not a great one but at least we have something. Maybe 10% of the outstanding shares are held in the public's hands. ...more  
264
Discussion
Comment by elgin1on Feb 20, 2017 5:14pm

RE:Keep your fingers crossed

Again another pp at low price. This time to a third party offshore company . So something is up. The funds used are to pay royalty fees for the properties to keep the mining and construction licence ...more  
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Discussion
Comment by goldmikeon Feb 16, 2017 1:57pm

RE:RE:RE:Keep your fingers crossed

Almas Deposit alone if put in production is worth $50m+ RN price should double with gold at $ 1250+
183
Discussion
Comment by thisldu3on Feb 15, 2017 2:58pm

RE:RE:Keep your fingers crossed

Valid point. The big 'but' is if this thing ever goes .35 bid the sky is not even the limit. 
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Discussion
Comment by goldmikeon Feb 15, 2017 2:49pm

RE:Keep your fingers crossed

Look back into 2016 how it moved when it moves upward 0.30c  RN stock is undervalued and compare to $80m in shareholder equity on balance sheet from IPO days 
183
Discussion
Post by thisldu3on Feb 15, 2017 2:01pm

Keep your fingers crossed

Now it looks like we have a third large shareholder. It is amazing this stock still trades on a public market considering that the actual float is probably less than 10 million shares. Let us hope we ...more  
277
Discussion
Comment by goldmikeon Feb 15, 2017 10:47am

RE:"Excellent Assets"

Funding round announced one share at 0.12c no warrant? Looks like they are slowing fish on dilution  maybe time to show RN stock some love and appreciation soon Rio Novo Gold closes $1.47 ...more  
174
Discussion
Post by thisldu3on Feb 13, 2017 1:52pm

"Excellent Assets"

"Excellent Assets". That sounds good but I am afraid we can only say we have assets at this time. Judging from the quality of these assets it is hard to believe anyone would be trying to ...more  
230
Discussion
Post by Metalsguy1on Feb 10, 2017 12:53pm

Corporate governance issues?

I too have noticed that Britos seems to have waited until the share price bottoms out before he converted the notes to shares. Didn't he request a seat on the board? I am wondering if it isn' ...more  
163
Post by elgin1on Jan 22, 2017 11:15am

Special shareholders meeting Feb ...more dilution

If if you haven't received the proxy circular ...vote for more dilution of additional 6 million shares dsu which rewards management and board memebers. For what ? I voted against it and suggest ...more  
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