Silvergoldenapple, I respect that you are a long term shareholder as am I,both of us wanting long term value over anything else. I would also agree that any cash offer would likely not be worthy of the intrinsic value of USSIF,though presently might be justified if at 3/share.
A share offer works better ,so long as ,the company offering to merge is as undervalued as us.
I see some short term value created ,possibly,with the RX merger ,but it is offset by a 1/3rd drop in our personal shares ,so I really see no value at all.
The hype that we will form this great new American mining company with cash reserves and low share structure of the newco is 100% from the 70% ownership side .Why would we do that ? Unless we have unknown assets, from the D-mine that insiders are not offering opinions about,other than they believe there is a lot more gold and silver ,how does a shareholder base value , What fact?
Your stating ,after the merger the new management is going to go be looking for 'opportunities to acquire at least one underfunded,undervalued mining company this year" I guess you mean with US Silver cash reserves or ,Do we begin the dilution game again?
I further do not understand ,Why we can't begin that search for undervalued assets without RX gold? Are we really paying this much for a new management?
I would agree that Blasutti is sharp and impressive but ,in my opinion his best deal ,near term ,is the one we are on his opposite side of,where he becomes us.it's too costly ,in my opinion.