Just about every gold share chat I am on talks about how their company is a takeover target. Whilst RRL being unhedged and therefore printing cash one of their assets is run by another company so it may put predators off and I don't think Duketon is a world class asset. So the few companies they may be interested in a T/O or merger are maybe GOR or RMS imo and I don't think that will happen as there were some talks with GOR but they fell through. Newmont and Barrick wouldn't even look at it due to their requirements in acquiring strategic assets. Any others opinions on potential acquirers? I think they should pay off their debts and start drilling their virgin ground.
RRL Price at posting:
$2.63 Sentiment: Buy Disclosure: Held
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