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Bullboard - Stock Discussion Forum Revelo Resources Corp V.RVL

Revelo Resources Corp is a Canadian company. It is engaged in the acquisition and exploration of mineral properties in Chile. The company's projects include Loro, Orca, Las Pampas, Mirador, Montezuma, and others.

TSXV:RVL - Post Discussion

Revelo Resources Corp > Revelo and Austral sign letter of agreement
View:
Post by whinny on Sep 02, 2020 12:04pm

Revelo and Austral sign letter of agreement

Comment by christo on Sep 04, 2020 1:47pm
As of now it looks like about $0.35 per share..either the market does not believe in the deal actually being done..or Mr. Market thinks AGLD stock price as of now is not sustainable..Im buying RVL
Comment by DoughBoys on Sep 08, 2020 6:32pm
I picked up enough to nab me 50k AGLD after te deal... i look at it like the risk is worth the 3 USD cent cash payout. $2200CAD plus shares in austral for a discount!
Comment by ToddinVan on Nov 11, 2020 12:38pm
I've read the letter of intent and it's a lot of double speak. The companies mentioned as purchasing the copper assets both seem VERY shady. Something fishy going on! If you search both companies they are dubious. Also, both Austral and Revelo co now trading pretty much on par, so no upside to Merger.  .... anyone else seeing lack of benefit for shareholders? Oh  management ...more  
Comment by DoughBoys on Nov 19, 2020 10:27pm
Deal is definitive now. What's shady here?
Comment by flush777 on Nov 23, 2020 10:39am
The price of shares has risen to on par NAMELY BECAUSE IT IS A DONE DEAL, STUPID. You should have purchased shares earlier. RVL was trading at a discount and caught up. Thats all. I was a bit suspicious with the deal initially as I recall however a quick look at AGLD's balance sheet with $10 million in cash and a producing gold mine, meant this was a good deal for RVL shareholders ESPECIALLY ...more  
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