RGZ value...
At this time it is very difficult to value RGZ. The buyers for RGZ will show up only if we publish good news, either on Titan or Victory, just forget about Elephant. RGZ moved above 4.$ on Victory news, people are not buying our Titanium story.
In order to make the SP go up on Titan news, we will need to sell it, or to JV it. At this time, the 200M tons that we know about don't seem to have any value in the market. It's a shame but it's like that.
Our best bet to make the SP go up, after the halt, is a good news release on VS. The guys didn't stop working down there, and I am sure they are well funded since the expenditures were probably accounted for the whole year and the money transferred from RGZ to Diadem in Brazil. This halt is not affecting the work in Brazil at all. They probably have core analyses ready, they have more holes done. I suspect the mill is ready or even better, is already running. Maybe we have a few diamond count to release.
So, in my book, trying to evaluate the SP at this time is useless, being under halt. Once the halt is lifted, the real fun will begin. If no news comes out, the SP will dive and it will be time for bottom fishing for the beleivers. If news are released before or at time of release we might see big gap up.
I think we are very close to resume trading.
Now, who's got cash ready?
I am not nervous at all regarding trading again. We will be back on track. If not, well, it will add to my experience. One thing I know, as far as I am healthy, I'm happy. If I loose money, I'll recover it sometime down the road....