Post by
thisldu3 on Feb 21, 2017 9:49pm
DAZED & CONFUSED
RN is a very confusing and frustrating stock. It has an interesting asset, maybe not a great one but at least we have something. Maybe 10% of the outstanding shares are held in the public's hands. The shares trade based on invitation only. The buyers and sellers all seem to be the same as if someone is trying to manipulate the trading by sucking a few more shareholders out of their position at these cheap prices. All this has been ongoing for the last several years. The stage is either being set for a huge stock play that will exceed 2011 share prices or a total bust. Judging from the players and the overly large share positions I am banking on the 'play' for the up side. When will it start? When it does!
Comment by
elgin1 on Feb 23, 2017 12:59am
Well one thing for sure Britos owns 72% of the shares of the company so it will not go bust...that is a given he wrote checks for all those years for a reason . So be patient when gold goes to new highs in the next few years ..you will get your pay day. Be patient .
Comment by
elgin1 on Mar 20, 2017 5:42pm
At gold price of 1250 .... Almas DFS is quite favourable so RN sp should remain steady . Very thinly traded . So yes still dazed and confused and nothing to add.
Comment by
thisldu3 on May 02, 2017 7:43pm
There has been a seller dripping their stock out for sometime now. Maybe we are finally seeing what they have and what price they are willing to finish dumping. If the buyers are insiders then you gotta think this will not be a public company much longer.
Comment by
elgin1 on May 04, 2017 12:12am
Yes was surprised of the volume of selling but could be related to pog going down. I agree at some point there ain't going to be many sellers left. Time will tell.