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Bullboard - Stock Discussion Forum 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 Discussion

Rio Novo Gold Inc. > okay so whats up with this
View:
Post by Timbitonewbie on Dec 03, 2017 10:46am

okay so whats up with this

company.. I had bought in at .9 and sold a majority of my shares at .15 and then when it went back to .9-.10 I bought alittle back.  Havent looked at it in a while as I had derisked this investment and its a good thing to. This Management team hasnt moved the needle on anything. Gold prices are pretty stable and definitely worth the investment so why arent we making some plans on getting these mines going?
Comment by elgin1 on Dec 14, 2017 11:34am
Even though it is a publically treaded company, most is owned by Paulo Britos. He will not use his own money to finance it . So management has done nothing with some good assets. My guess it will be taken over at a deep discount. 
Rio Novo Gold Inc.