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Ryan Gold Corp V.RYG

Sector: Metals & Mining | Sub-Sector: Gold
Alternate Symbol(s):  RYGZF

Ryan Gold Corp is an international natural resource company engaged in mineral exploration. It also identifies & develops mineral deposits in Canada & other geological countries. Its project portfolio includes Ida Oro, Quartz Claims, and Hope Brook Gold.
Price: $0.12 | Change: $0.00 | %Change: 0.00%
Volume: 129,500 | Day High/Low: 0.12/0.115 | 52 Week High/Low: 0.155/0.095
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0 stars

RE:RE:RE:RE:why vote no?

Theoretically yes but there are so many development costs in building a new mine so it would take a very high gold price to matter in the foreseeable future.  rate and reply
0 stars

RE:RE:RE:why vote no?

So if the deal went through, Ryan's tax losses could be used against production at Eagle Hill's Windfall Lake, as it would all be within New Oban?  rate and reply
0 stars

RE:RE:why vote no?

My understanding is that the tax loss carryforwards can be applied in Canada as long as they are used against active business income in the same kind of business activity. OBM should be able to use...read more
0 stars

RE:why vote no?

I am not hoping for a better deal.   I am voting FOR this deal.   I just did not understand why any stockholder such as JNSFernley would vote NO and then not go for appraisal rights. IMO if you vote...read more
0 stars

why vote no?

Ryan has $22mil in cash and investments and there are 117mil shares out. That is 19c per share. We are getting 1.88 shares in New Oban, so assuming it trades at 11c, that is equivalent to 20.68c. Why...read more
0 stars

Oban Deal/Tax Loss Carryforwards

Ryan's public listing was created when Shaun Ryan's private company was merged with Valdez. The acquisition accounting per RYG financials showed C$148m in stock and warrants issued for the...read more
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RE:RE:RE:RE:RE:RE:RE:RE:Circulars are filed.

yeah, that might be true but they still need a majority of the minority to approve so if 40% dissent, the deal falls apart.  rate and reply
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RE:RE:RE:RE:RE:RE:RE:Circulars are filed.

Method: You do know that the buyer can also "waive" that condition of too many dissenters if they choose. Believe me when I say this............the D&O's that will survive into the merged company do...read more
0 stars

RE:RE:RE:RE:RE:RE:Circulars are filed.

One could certainly argue there is "hidden value"  to a buyer if they get to keep some of the Tax Loss Carryforwards.      Can you carry some of them or all of them forward in a merger in Canada under...read more
3 stars

RE:RE:RE:RE:RE:RE:Circulars are filed.

I have been thinking about this a lot too. I would prefer a return a wind up and a return of capital for both RYG and CRG but I know that won't happen with the effective control of Dundee. If this...read more
0 stars

RE:RE:RE:RE:RE:Circulars are filed.

You need to read the portion of the circular that references the dissident rules, you will be paid fair market as determined by Oban.  You are mailing your protest to Ryan's legal counsel, not a judge...read more
0 stars

RE:RE:RE:RE:Circulars are filed.

JSNFernley: They should have repurchased more stock over the past two years at the discount to cash. Dundee sitting around on their asses.   They should have bought more of Corona and Corona should...read more
0 stars

RE:RE:RE:Circulars are filed.

There has to be a better opportunity for this cash to build further value, even with the risk of failure that is inherent. It isn't usually found in this type of incestuous related party transaction....read more
0 stars

RE:RE:Circulars are filed.

jsnfernley wrote: I voted NO online.  My vote will probably be irrelevent. Oban will be fine without RYG's +C$20 mil cash. This "deal" is a lazy attempt to build value by assembling a number of...read more
0 stars

RE:Circulars are filed.

I voted NO online.  My vote will probably be irrelevent. Oban will be fine without RYG's +C$20 mil cash. This "deal" is a lazy attempt to build value by assembling a number of marginal properties...read more
0 stars

Circulars are filed.

Vote is Aug.  20th  rate and reply
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Valid Points

You all made valid points. @ I did not know that Osisko owned just under 10% of RYG. Yes, @it would be hard to beat that committed vote. @ J Fernley is rigth. @ RYG never did get very close to the...read more
0 stars

RE:RE:RE:RE:RE:RE:Tomgranite and Method

I did not say it reached parity. I just pointed out that the share price shot up on the day the announcement was made. To me that means that the market DOES perceive the deal to be a good one for RYG.  rate and reply
0 stars

RE:RE:RE:RE:RE:Tomgranite and Method

Take a look for yourself at the Oban presentation--here's the relevant line: "1.880 Oban common shares per Ryan Gold share, or $0.2071per share" RYG never seriously approched the announced value per...read more
0 stars

RE:RE:RE:RE:RE:RE:Tomgranite and Method

Yes Method, we won't really know the value of New Oban until it starts trading. What we do know is that there will be around $64m in cash and the properties. New Oban may well just develop Windfall...read more