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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 StompinTomon Feb 19, 2014 11:03am
177 Views
Post# 22224940

RE:Debt growing, company spending money on what???

RE:Debt growing, company spending money on what??? I think you are right.  The only good thing is the major shareholder is putting up working capital every few months to cover the care, maintenance and admin so I think liquidity is fine until they either sell/option the property or attempt to obtain funding.
Bullboard Posts