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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. > I think this merger will be great
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Comment by AlfTanneron Dec 19, 2017 4:11pm
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Post# 27190349

RE:RE:RE:RE:RE:I think this merger will be great

RE:RE:RE:RE:RE:I think this merger will be greatMetalsguy, before you make your desision, take a close look at Aura. Aura is an extreme value stock trading at a P/E around 3, and it has 50M in cash. In many respects, it is a better value than Rio. This deal might be great for both Rio and Aura share holders. Do not let your frustration cloud your analysis of this merger. If you objectively look at what this deal will do for Rio, you will see the value it creats.
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