Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Rio Novo Gold Inc. RIVVF

"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."


GREY:RIVVF - Post by User

Bullboard Posts
Comment by BossTauruson Feb 15, 2012 11:56am
177 Views
Post# 19537500

RE: ..."ITS NOT WHAT THEY HAVEM'T TOLD US"

RE: ..."ITS NOT WHAT THEY HAVEM'T TOLD US"

Look, I'm totally on side with your frustrations. It's not that you're a second class shareholder. It's simply those who put millions on the line are privy to sensitive information, information that could either make or break the company. I totally agree with a corporation keeping secrets to guard the interests of the company...and frankly your shares! Disseminating a company's proprietary information to Joe Investor leads to rumours and misinterpretations, which can be posted on websites (like Stockhouse), and they can be detrimental to a company's future. Do you think a country's government should be leaking classified information from an intelligence agency, which could ultimately compromise the well being of the populous? That's the contention with Wikileaks. Yes, we're all entitled to some info, and some it's best you don't know. 

I also feel if I was going to drop a couple million on a company, I'm entitled to the FULL bloody story. That's why an institution is more privy than retail Joe. Dollar amount DOES make a difference, because institutions are managing 10,000's of people's savings, etc. It's simply bigger business. 

At the moment, 18 institutions hold 52.36 million RN shares, being 61.3% of the company. thisIddu3, you do not hold more RN shares than the institutions do. 

If you are unaware that you are not totally entitled to all specific company information, get real. If someone calls your house, and asks you for all your personal information, current troubles in your personal and professional life, etc. What are you going to do--divulge every piece of information, regardless whether or not it could destroy your life? I would hope not. Now say it was someone you knew asking for all this information, like close family, etc. it's different story right...sometimes you have to tell them (but ask it to be private). Why do you tell them? Because they have SO MUCH F__KING TIME AND MONEY INVESTED IN YOU, AND ARE ENTITLED TO BEING INFORMED!

Did my point come across?

~BT

 

 

Bullboard Posts