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DeeDog

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DeeDog

Re: Montanore post# 66

Tuesday, 07/03/2012 11:29:57 AM

Tuesday, July 03, 2012 11:29:57 AM

Post# of 80
Hey there Montanore, sounds like a merger with USSIF is just what's needed for RXEXF. Also sounds like they didn't get rid of the CFO soon enough.

Some of the USS shareholders are upset because of all the debt we are inheriting at USSilver. USS has $25 million cash...RX is in debt. I hope this merger is good for us all.

I have to think Sprott knows what he is doing. I just hope it's in the interest of shareholders of both companies.
Of course he is a major shareholder of both, and having bought most of his USSIF shares at over 3.50 (.70 pre-split), he is in the same boat I and many others are. Today's price is only about 40% of that amount.

Dee

"It's not your thinking that makes you money, it's your sitting." - Jesse Livermore

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