What''s going on?I've been a shareholder for around a year and this has been such a poor performer that I have tended to ignore it. Logically I should either sell and take my losses or double my position and I haven't a clue what to do. I apologize in advance if these are silly questions but I don't know the answers and would appreciate some help. Wasn't there a $1.10 offer on the table? Clearly from the stock price either that has been withdrawn or no one thinks it has any chance of being consummated. It appears that RIC has a much greater relative valuation(beyond its larger stake in the Island Gold project) and that seems strange since the principal asset of both is the same mine. Finally, why doesn't RIC just buy out Pat(with either stock or cash). Wouldn't it make sense for it to own 100% of the mine?
I appreciate any responses which will help educate me. TIA