here in NV for a tiny amount of money they could add more then 3 million ounces by BUYING ATNAF ATNA's three mines BRIGGS mine and PINSON here in NV are USA assets that would really add value to their holdings imo
The problem is this information: The reserves are grading at 0.39 g/t gold in the proven and probable categories containing 1,279,500 ounces of gold ounces. The life of the mine is 6 years at the most and has cost TAHO 1.2 Billion dollars of value. This deal sucks for TAHO
The Problems I see are; the short life of the mines and the low g/t in the RIOM mines. The good deal is for RIOM share holders ONLY and the BAD DEAL is for the share holder of TAHO, it has cost the company 1/3 of our shares and the company. I hope the share holders of TAHO VOTE NO to this deal.
Riom is a great little company.
It's a perfect match for TAHO.
It's profitable and the numbers are great.
When Gold and Silver prices start to rise this pairing will be worth a fortune.
Sentiment: Strong Buy
Pretty well timed call simulpalo68, the actual low coming just a few days after your post and a dollar or more lower. It looks like the royalty legislation may take a few more percent off the top, but it looks like with silver catching a bid at last that higher prices are on the horizon for the shares as it breaks above a long term downtrend.
Revenues and net income 10 and 20% over analyst expectations respectively. This company has exceeded all their goals and expectations since before operations even started. One of the few.