RE:RE:News makes quite a splash.... Will throw in my 2 cents.. that is too high.. guess the .0075 is the value.
Ram is worth somewhere between 0 and .15, with BK and a great JV respectively.
My favorite dream is Ram uses cash with bank premission to fund drilling. The PIK for bondholders came through.. but not sure they had any other choice than foreclosing.
So, given all info.. market price is .005 to .01.. huge spread by extortionist market maker in TMX exchange.
As to bonds.. these are canadian dollars which i think will decline vs the dollar, with PIK interest until 2018 and very uncertain standing with banks able to take SJE.. so, my guess is that one would be lucky to get 30 cents on dollar for them at this point.
Good luck to all.