no updates from management is what makes me fear whatever is going on is not on the up and up.
who knows, maybe they will surprise us, and I hope they well. but usually companies that are honest and care about the shareholders who funded the company favor clear communication over obfuscation and silence.
our one hope is that there is a good reason for their silence and it concerns a deal from which shareholders will benefit. I hope so for our sakes, and for the otherwise damned souls of management.
Please give me some hard facts, showing that this scenario is AT ALL plausible -- that it is at all plausible that management will be jailed and we will get the company back.
I know that's what you want--everyone does. But it's over. They declared bk, and shafted investors in court.
Give me some hard facts showing this will be overturned, management jailed, and shareholders made whole.
Only hard facts. I don't want wishes and dreams and hopes.
If the warrants are not worthless, then how do we get value from them? There is no way for us to get any value out of these warrants right now. So that means, at present, they are worthless. And we also have no clear information about how we will derive value from these warrants in the future. We are completely in the dark. To add insult to injury, we can't even take our gigantic ANV losses, and get a tax loss out of all this. So we are just sitting here waiting for something to happen -- what, when? No one knows.
When are we going to get some definitive news about the direction/fate of this company?
The value of this company, based on assets and development potential, obviously far far outrstrips the current share price. The current share price reflects the assumption that the company will go bk, and shareholders will get nothing.
But if rby is going to declare bk, why haven't they done it?
For how long longer can this continue with absolutely no announcement regarding direction?
The whole situation becomes increasingly ridiculous each day in light of the current gold environment, with most miners (including the most risky and most dubious outfits!) having skyrocketed 200-500% since january, as RBY sp stagnates, with shareholders left at a total loss.
How is this even possible? How much can shareholders be left in limbo?
We have entered a new gold bull market. A raging bull. RBY properties have immense value. And shareholders of this company have all been left for dead.
This is possible the most absurd investment situation I have ever encountered.