GREY:RNKLF - Post by User
Post by
wiseyoungmanon Nov 14, 2018 11:22am
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Post# 28972458
Sorry Folks
Sorry Folks I sold 25K yesterday and dumped another 25K today. I have just 25K left. Thats okay. I was in early with 200K and sold most of my shares between $0.75 to $1.10. Wish I dumped more at the high but whatever. This has been a great stock and the hype was great. Problem now is reality. They are an exploration play looking for more gold. The float is very very large. To move this stock back it will take extraordinary news over the course of many months. Not just 1 or 2 PR`s. The market now knows this story. The hype is gone and there was a lot of uncertainty on the positive side which shot the SP so high. They have $18M in cash but that will not last long with 4 drills going. This is now an exploration play looking for bonana gold. But drilling takes a long long time. It will be easy to buy back in at this pint. I may dump my final 25K shares also. I know a lot of folks here bought way up in the 70`s to 90`s. Fine. But only idiots average down on penny or mining stocks. This is not JNJ or Google folks. GLTA