GREY:RVRCF - Post by User
Comment by
MasterBaiton May 23, 2017 11:08am
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Post# 26272717
RE:6.23 meters True Width of 12.95 g/t Au and 48.83 g/t Ag
RE:6.23 meters True Width of 12.95 g/t Au and 48.83 g/t Ag Fantastic news!! The leverage in this stock is great, with limited downside. Especially after considering all news coming out in Q1 and Q2:
- Private placement with Osisko, meaning that serious players believe in the stock
- Stock upgrade in US stock market
- Executive options program of 0,15c, meaning that the stock must go way north of 0,15c for the management to cash in
- ... and now these drill results. Anything over 7g/ton rocks!!!
The only thing that can sour the party is severe dillution. However, we will see some type of capital injection, with number of shares increasing. That's the rule of the game. Nevertheless, more money means more quity, so the share increase should be proportional to the equity increase.
My 2c.