NEW Gold takes out Richfieldand Great Quest will either be taken out, or sell it`s stake for at least 60-70million or will be more or less carried into production. with share of almost 1.5million ounces this means big time money. no doubt this will hit 1$ very soon, maybe today.
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They do own Richfield shares which are with todays NEw Gold takeover will cash in approx 10million hard cash. giving them a cash psotion of more than 15 million US$.
New Gold Agrees to Acquire Richfield Ventures Corp. - Adds Gold Project in British Columbia
https://www.newswire.ca/en/releases/archive/April2011/04/c8921.html