GOLDBUGS AMEX Goldbugs Index (GOLD): RVM (AMEX) Inititiation of coverage b...

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Re: tocotuga post# 23151

Wednesday, 05/25/2011 2:13:50 AM

Wednesday, May 25, 2011 2:13:50 AM

RVM (AMEX)

Inititiation of coverage by MLV Equity Research, 5/23,

BUY: $8 price target valuation without Rock Creek...

Net Asset Valuation:

We estimate that the value implied by the current share price could be almost fully justified by the producing Troy mine, and thus by buying the stock today, the Rock Creek upside would effectively come at little to no cost

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