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Bullboard - Stock Discussion Forum Revett Minerals Inc RVM

NYSEAM:RVM - Post Discussion

Revett Minerals Inc > Selling the company for 50 cents a share
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Post by Icarusonfire on Mar 27, 2015 2:29pm

Selling the company for 50 cents a share

INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Revett Mining Company, Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Hecla Mining Company
NEW YORK--(BUSINESS WIRE)--
The following statement is being issued by Levi & Korsinsky, LLP:
TO: ALL PERSONS OR ENTITIES WHO PURCHASED REVETT MINING COMPANY, INC. STOCK PRIOR TO MARCH 27, 2015.
YOU ARE HEREBY NOTIFIED that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Revett Mining Company, Inc. (NYSE MKT: RVM) to Hecla Mining Company (HL) for 0.1622 of a common share of Hecla. To learn more about the investigation and your rights, GO TO:
HTTP://ZLK.9NL.COM/REVETT-MINING-RVM
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

RVM, my biggest loss in investing, over $100,000. I really thought they had this thing figured out.....Use the little mine to develop the big mine.....Rock creek permit in three months.....
Icarus
Comment by DosCervezas on Apr 13, 2015 11:24am
It's a sad story, innit?
Comment by Flopticalcube on Apr 13, 2015 12:03pm
To think that RVM was once worth 10x that. Had the rock fall not happened it may have sold for $1 rather than 50c but with copper now sub $3 it was never looking promising for the company.
Comment by Icarusonfire on Apr 20, 2015 2:45pm
It could have looked VERY promising if Rock Creek had kicked in.  For 10 years the approvals were just around the corner, next quarter, next spring, next summer.........  They never could get their act together on Rock Creek, and that's what ultimately blew them up.......... The greenies simply beat them bad. Icarus
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