News Release1st time posting here.
Been a long time holder and waiting for this catalyst to finally happen; as others have said and I believe this is the long awaited consolidation of ownership to be fully public which then has its own appeal to a larger mid-size miner (say- Alamos which is already a large shareholder) with possible sights on takeover. This consolidation was a necessary required step. Of course, financing with new share issue to get deal done and share consolidation will happen as company gave a prelude to this at a previous meeting. Hopefully a big splash of news with a repricing, review and new drill program draws attention and gets noticed as this ownership issue has been, Imho, the biggest issue to reflect the true value of this valuable asset play, which is definitely higher than the stock price today.
My bigger question for anyone with more tools in shed,,,
What is a closer approximation of the Enterprise Value of this Gold mine of an opportunity?
Back when Red Cloud was on the payroll, and of course a lot was different, but at that time,RPX peers were said to be valued such that RPX would be worth 28 cents or so.
I'm holding as things are getting interesting ( that is if Bitcoin doesn't kill the price of Gold ) to see what may come when new financing gets the drill progrm started and news about RPX has a larger audience.