Dino's Bar & Grill Message Board

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Strategies & Market Trends : Dino's Bar & Grill

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To: Veteran98 who wrote (3424)	11/27/2013 12:31:13 AM
From: ayeyou	of 202767

Nice quiet board to get an honest opinion and maybe pass along something good. Bought into RYG today based on the fact that they have 20 mil cash which is .17 a share and traded at .12. They had enough smarts to bail on pissing it away in Yukon exploration and are implementing a "change of business strategy". Also appointed new president and CEO Murray John who is a project analysis and merger and acquisition specialist with ties to Corona gold , Dundee Precious Metals and Sprott Resource Lending. Other board members also closely tied to Dundee. I got in big at .12 but after researching the people involved here and the fact they had smarts to bail on Yukon money sucking muskeg I have urge to go real deep on this one. My biggest holdup is they have 117 mil shares out. What do you guys think. I think they are going to take that 20 mil and pick up a sweet deal on a undervalued near term or small gold producer. With Dundee and Sprott ties they have the inside to companies that may be in need of cash. Or possibly change of business strategy means getting out of resource plays entirely.

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