OK we have heard all kinds of ideas today. Well the facts are MANY here have talked about Rob being a Messiah, and the ultimate Company HE will build combining, UXG,Minny,and RBY, well... I have stated over and over I want NOTHING to do with 3rd world countries !!!.. Now Rob (who I feel is a great mind and respect tremendously) thanks to him I did well with GG, years ago, BUT one thing I learned is if things do not go his way, he picks up his bat and ball and goes home,ie, the failed lawsuit in GG and Glamis deal, Rob is like SO many ultra wealthy, they want total control !!! Well Rob is only a shareholder here and his real fiduciary duty is to his comps he runs, not to RBY, Vengold( watch out for him to bolt there one day) if he isnt running the show.Remember last November when we picked up 75 MILL, I mentioned then, that to me was the first crack with Rob and RBY, RBY did not offer the shares outright to Rob as I felt RBY did not want him having MORE power, IMO, ...Now we (RBY) are in play, Rob perhaps has brought up the marriage he and so many here have wanted, and perhaps David et al, wanted no part of 3rd world country silver and copper mines ( which I totally agree), well, Rob sells and walks and will use those proceeds to help his real comps, OK, so dont get on Rob too hard, he is rich and wants control, he has no control over any real gold comp., but a solid silver comp in UXG and Copper perhaps in Minny. GG NEM or others have perhaps sniffed around , Rob and the marriage is outright rebuffed and he walks, thats business,(Also remember this group that is handling the sale did 6.1 BILLION in recent times so they are not fools) ALL IMO and time will tell....PEACE ....Firefighter
I agree; a lot of ego there. I also think maybe he likes developing projects rather than producing mines. Prospector's rush or something like that who knows. Maybe he'll take his $ and try to buy out Hochschild from their MIA/JV and maybe try to buy some of RBY's other holdings. That would be sweet as I think current mgmnt wants to build a mine and if they can sell some assets to help pay all the better.
I totally agree with you, he could not make RBY do want he wanted them to do so he walked. No insider trading concerns with that decision. He has done this in the past like you said just ups and sells out. 3rd world countries are no good ask KRY. His selling is a windfall for those that know that nothing about the company has changed except for a major shareholder leaving because he didn't get his way.
McEwen is not coming back to RBY. I think that speculation should die. If he wanted RBY in any way he would have kept his shares. Why would he create a taxable transaction if he was coming back. He is just walking away to do his own thing. He is satisfied with 4.16 Canadian minus costs of selling less taxes on his huge gain.