GREY:RGVNF - Post by User
Comment by
dogoneon Mar 19, 2010 3:12pm
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Post# 16904289
RE: Kinross/Underworld deal
RE: Kinross/Underworld dealLet's just say you needed to be more clear, as it looked like it was an advertisement for Kinross.
Putting that to rest, a legitimate buyout that would be similar would be a great deal for everyone, even the Bozo's in management. But, face the facts, they don't want to really develop this company into a real viable business. It is more of a "promotional tool". The assets on the books are justifiable and Red Mt has GOLD, and at current gold prices VERY VIABLE $$$$$.
Curtis can praise them all he wants, but a Ponzi scheme is what it is, just in this case the pilfering of the treasury is the Modus Operandi.
Very similar to UNRG (united energy). The older RW must be schooling the younger RW, as United Energy has gone through $22 million dollars over the years.
Fact is the REV assets need to be sold and disposed of before the current incompetent crew makes them a big zero. Isn't that what you were really thinking?