Rio Novo Gold Inc. RIVVF

RE:Interesting stock play unfolding

[elgin1]

Yes float is totally dry.  I have owned tis since 2012 assets are great. They really stripped the management and cut costs to the bone. The current management is not experienced to bring this project from construction to production. My guess is carvhalo will come back to build a team once they get financing.... or more likely they will be bought out or do some merger with a major that has mines in the area. But updated DFS is due out soon... perhaps before end of this month which will reflect a more realistic evaluation of current assets.  Just my thoughts and opinions only.  Do your own due diligence.  GLTA