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Romarco Minerals Inc T.R

Sector: Metals & Mining | Sub-Sector: Industrial Metals & Minerals

Romarco Minerals Inc., is an exploration and development stage mining company. It is engaged in the acquisition, exploration and development of precious metals mineral properties. The Company's principal property is the Haile project in South Carolina.
Price: $0.52 | Change: $0.00 | %Change: 0.00%
Volume: 4.1m | Day High/Low: 0.53/0.505 | 52 Week High/Low: 0.94/0.30
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0 stars

RE:RE:RE:RE:takeover

If the deal goes ahead then Romarco shares will be "gone" Instead you will get OGC shares.  In combination the current Romarco shareholders will own half of the new company.     That means we will...read more
0 stars

RE:RE:RE:RE:takeover

Let me help you here...Romarco Gets 49 % of OGC`s shares in return of all Romarco`s shares. If the deal goes thru, there will be no more R shares on the Market and OGC share counts goes up to 600...read more
0 stars

RE:RE:RE:takeover

Hey mat, Can you elaborate on handing over only 50% of Romarco to OGC. What does that mean in terms of shares of Romarco? They keep half their shares of Romarco and the other half gets converted? I...read more
0 stars

RE:RE:RE:takeover

"Gun to the head" theory makes sense. And even if unintended, it has the same effect. Came across this today. The CS analyst, even though mistakenly thinking we have remaining permit hurdles at Haile,...read more
4 stars

RE:RE:takeover

PreferGolf Why did Diane do it?  None of us can know for sure. Here are my comments. 1  Since the capital raise at 58 cents the whole gold market has nosedived.    The value of all gold miners and...read more
0 stars

RE:takeover

Hey Mat, I agree with you 100%.BUT I still do not understant why all the major shareholders will be accepting such a deal. Just a few months ago, Diane sold $200 million is shares at 58 cent. Why...read more
0 stars

BNN

Boss of OceanaGold on BNN Commodities show. Nothing said was significant. Stressed that Romarco will be a very low cost producer which will be accretive, especially given synergies and OGC knowhow...read more
0 stars

RE:RE:RE:takeover

Thanks. I was hoping I made a mistake in my calculation and it was more. :)  rate and reply
0 stars

RE:RE:takeover

10,000 multiply by .241  would give you 2,410 shares of OGC If the price of OGC stays at $2.20 the value of shares would be 2.410 shares multiply by $2.20  equals $5,320 Canadian dollars mat  rate and reply
0 stars

RE:takeover

Want to verify how to value of my potential one stock OGC "portfolio". Say I own 10,000 shares of Romarco and the share price of OGC is $2.20 when deal is consummated. What will the value of my OGC...read more
0 stars

takeover

Different terms can be used.  This case is not a buyout in that no money changes hands.  It is a takeover.  It is not really a merger.  OGC takes 100% control.  Romarco loses 100% control. We just...read more
0 stars

RE:RE:Amalgamation...

Rarely in a takeover does one see the buyer's share price increase. More often, the price dives because of the short term effect of dilution and a lack of immediate production gains as is the case...read more
0 stars

RE:Amalgamation...

She "sought a premium" in the offer over more control of the new BOD? Great, where is the premium? These kind of takeovers at a premium only to a multi year greatly depressed price smack fully of...read more
0 stars

Amalgamation...

...Or is it a merger?  It is certainly not a Buy Out since no money is being offered to R shareholders and those of us who hang in will become holders of Oceana paper. Kip gives a good spin...read more
0 stars

selling now???

The Rock; Selling now would not be good idea.  There seems to be little downside;  45¢ Canadian would seem to be the worst case. We are now in August and we will learn an awful lot during this month...read more
0 stars

RE:RE:It's now or never as Elvis might sing

This remains dead money for most if this deal stands. I'm now averaging 0.41 and never believed that it would have fallen so low in the last few weeks. Lots of people made money in the last few months...read more
0 stars

RE:It's now or never as Elvis might sing

FWIW, they said in the past that they had confidentiality agreements with 10 plus other companies. I wish the take out was for more money but it could be much worse.   The gold market really sucks...read more
0 stars

It's now or never as Elvis might sing

http://www.lyricsfreak.com/e/elvis+presley/its+now+or+never_20049452.html We have no factual information but it is likely that Romarco has some NDA (non disclosure agreements) or sometimes called CAs...read more
0.5 stars

deal not done yet..

While I don't see many large shareholders going for it.. many are convinced gold is heading to $800.. imagine what our offer would be at that stage. Romarco is not the only advanced gold deal that...read more
0 stars

Share count

This is not all bad.The new share count will be around 600 million.I say a 1: 2 to bring it back to 300 millipn and the funds bring it to12.00 when the new 43-101 comes out.I will be buying OGC if the...read more