RE:Ask at .35¢?Bogey if you don't want to have a heart attack or high blood pressure stop looking at RBX for a while ...the blood bath isn't over yet!
You know me, technicals .... and it isn't pretty at all, and i haven't seen it this ugly in a very long time.
All moving averages ( 50day, 200day, the weekly's 40 and 50 ) all in the red , we just had the Death Cross which is not good...( when the 50day goes back under 200day ) ... i won't get into all the others, basically all if not most of them RED!!!
I won't be surprised if this hits the low 30's ( i said hits not stay there ) ....why ??? was there a leak concerning Q1 ?? Phil will dissagree , but i believe in leaks in big companies loll
And PLEASE, i don't want someone here come and tell me ....well stud it's the markets!!!! DON'T BE SO NAIVE.....where was RBX when the markets were hitting record after record and gold started moving up again ....we all know the answer.
Not a dime spent on promoting RBX, i can't believe a company with a cash flow like RBX doesn't promote the company....then again why promote this is a family run company with a small minority shareholders ...and if they are promoting well they are doing a very lousy job!
No ACCOUNTABILITY, no one is afraid of losing their jobs, we know why.....
Bottom line sp isn't going anywhere UNLESS they come up with a catalyst news , Q1 won't be amazing nor good actually ...i think we will settle with OK ....all bets are on Q2 .
If you're a buyer spread your bids from 0.31 to 0.35 range you might get lucky ....let Anonymous RBC and National bank play their games.
Annual meeting next month, very curious to see what will be said , Q1 due out by may 28th .... then we will find out why RBX is back in the 30's.... we are almost back to where we were last year ... improvements were made to the mine in late 2019 early 2020 ...life of the mine tripled with new ressources, gold holding its ground and yet.....go figure!
some will say ..growing pains!!! or patience is a virtue or if you're not happy sell and go away lolll
GLTA (boy do we ever need it)
regards stud