Post by
psj567 on May 13, 2016 2:18am
Rick Rule Is In Favor of the NSU Merger
Rick Rule stated today he is in favor of the merger unless a better bid was to come in. In summary, he thinks it is a win - win for both RMC and NSU shareholders and that from RMC's perspective, sure green cash in the hand today is better than uncertain green cash in the future. Whether you like Rick or not, it's hard to argue with his logic in this market. He thinks the future is bright for the combined company, especially on the cusp of the beginning of a turn in the commodities cycle. He also believes the NSU dividend is safe at least for the next 2-3 years.