In my attempt to research this stock I found that Rob McEwen owns 38M+ shares and LEXAM EXPLORATIONS (U.S.A.) INC. owns 8M+ shares. Also McEwen, former Goldcorp CEO/COB and current CEO/COB of McEwen mining) is the COB of Lexam. I wonder if MUX is looking to buy RBY!
It seems logical that RBY production will be stalled until the price of gold goes up and that could be by mid year considering China direct marketing ramp up that will kill the London fix and gold market manipulation.
Also, something is in the wind with HSBC announcing the closing all of their gold vaulting operations! Bottom line, I am optimistic about RBY, but I am in a watch and see state. JP