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Rio Novo Gold Inc. RIVVF

Metals & Mining Gold
"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

Rio Novo Gold Inc. > More movement of shares thus time on T.ora exact same terms
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Comment by NicolasMaduro14on Jul 31, 2016 2:55pm
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Post# 25099441

RE:RE:RE:RE:More movement of shares thus time on T.ora exact same terms

RE:RE:RE:RE:More movement of shares thus time on T.ora exact same terms
Good analysis elgin, in response to your question re merging the 2 co's / financing RN's Almas. - Ora is scheduled to be debt free by 2016 year end with all debt of their books amd solid production the combined entity would be able to acquire much more favorable financing options for Almas as well as a considerable revaluation based on scale of production. Who knows but I see much more pro's than con's for britos holdings in the 2 companies if combined than not especially if he intends to sell.
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