Posted On: 03/27/2015 11:33:32 AM
Post# of 168
http://finance.yahoo.com/news/investor-alert-...00265.html
I guess this is no surprise in this day and age -20 million is a shock to me-
but RVM officers /board-especially the chairman- have been personally heavily invested -including after the earthquake-
and have been responsible from what i've seen from afar-having no direct contact w them- and must have made the decision they would run out of money before Troy could be reopened again and before Rock Creek- nearing the end of 12 years? legal battles for permitting -could start paying its way -
so I can see both sides -hard on RVM insiders and holders who invested w a view of RVM opening and running world class Rock Creek- but without Troy mine to pay the bills-not knowing how long before copper and even silver recovers-what are you going to do -thats the hard face of non-compassionate capitalism.
I guess this is no surprise in this day and age -20 million is a shock to me-
but RVM officers /board-especially the chairman- have been personally heavily invested -including after the earthquake-
and have been responsible from what i've seen from afar-having no direct contact w them- and must have made the decision they would run out of money before Troy could be reopened again and before Rock Creek- nearing the end of 12 years? legal battles for permitting -could start paying its way -
so I can see both sides -hard on RVM insiders and holders who invested w a view of RVM opening and running world class Rock Creek- but without Troy mine to pay the bills-not knowing how long before copper and even silver recovers-what are you going to do -thats the hard face of non-compassionate capitalism.
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