I own a ton of Riverside and last month visited their Cuarentas project a silver/gold exploration site right next door to the Mercedes mine owned by Premier gold.
I did a comprehensive report of my Riverside site visit over on the Rambus site two weeks ago. Well today Equinox bought Premier for $611 million CAD and Riverside’s Cuarentas project is 10 miles to the east along trend.
Cuarentas is just one of many projects Riverside owns. On the opposite side of Cuarentas to the east about 12 miles away is the Las Chispas mine of Silvercrest with staggering bonanza grades. The single property has a market cap of $1.6 Billion CAD. Again Cuarentas is smack dab between these two mines. Riverside is run by a top tier renown geologist Dr. John-Mark Staude. Arguably the most knowledgeable geo in Northern Mexico.

Obviously the market hasn’t figured all of this out yet. There in lies opportunity. Just what if??? What if Cuarentas received a bid equal to Premier? Let’s see $611m divided by 65 million shares outstanding…. Hmm….

http://www.nasdaq.com/articles/equinox-gold-to-buy-premier-gold-mines-in-%24479.9-mln-deal-2020-12-16-0

Riverside at a classic ideal entry point