General Discussion Topics, page-148657

No follow up from @wandgirl as expected, held 'short' @wandgirl original post was complety devoid of facts, just another shorter trying to protect the golden goose but heavily discounted raises to allow shorts to cover risk free are over, when will they get that through their heads?

So RCF have approximately 63 active investments within the various funds but only have board representation in five companies currently, RG Gold, Brazilian Nickel (may have moved on), Phibion Group, Vrify and Pitcrew AI. They could of course have more oversight mechanisms but don’t really publicly disclose such arrangements, usually.

For those wondering what this very public announcement of board oversight will result in simply check the below link.

https://www.iamgold.com/English/investors/news-releases/news-releases-details/2022/IAMGOLD-And-RCF-Reach-Agreement-on-Changes-to-IAMGOLD-Board-of-Directors/default.aspx

RCF are looking for the second act of

https://www.copyright link/companies/mining/lithium-boss-says-it-s-survival-of-the-fittest-after-market-crash-20201029-p569rkGetting rid of incompetent management turned the Altura project from a failure to a cash generating machine (Altura project was worth $240M when PLS picked it up, 12 months later it probably contributed about $1.8 to $2B to PLS's MC, same will happen at NAL the real fear is a cheap take over offer shortly after completion once the structure is cleaned up. Merge co is currently work ~$300M MC with the board fixed up its worth ~$1.5B at the low end (LTR was about $1.9B at close of trade friday)