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Ryan Gold Corp V.RYG



TSXV:RYG - Post by User

Comment by Methodon Aug 10, 2014 7:56pm
235 Views
Post# 22826754

RE:RE:RE:Cash rich but may end up cash poor!

RE:RE:RE:Cash rich but may end up cash poor!The CEO and CFO at Ryan both have two other jobs each so I'm not really sure how focused they are on doing something productive with the cash.

The recent shake up at Dundee Corp is probably the most interesting thing going on as Dundee controls 30% of the company.  Its possible the new CEO wants to clean up some of these tiny holdings like RYG and CRG which are inefficient net-nets because they burn expenses on auditors and lawyers when that could either be reduced by merging them or eliminating them by acquiring them.

Recall the CEO and CFO's are the ssme at RYG and CRG.
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