OK I'll Bite...Does anyone care to say "rabies?"
RCT, the dog, could have it, and it's not so funny anymore. The drama at this point is too much for me to keep my yap shut.
So, I go on line to check out all the posts I've missed from all the RCT pumpers that I put on ignore, that used to say stuff like "my dad was an investor for all these years," "watch and learn," "were in it for 6 figures" "show me a better..." and on and on, to see what they are saying about where things are at, and they've all disappeared!
OK... Let's start new from where we are at. There was a time when EL was good about controlling his debt... Not so true any more, and just recently...
The recent MD & A says the mill can't be expanded because there's a lack of capital. Well, what's so hard about temporarily pulling the plug on exploring, temporarily diverting exploration capital to expanding the mill, get it up and running at 400TPD and throwing the earnings from INCREASED PRODUCTION and LOWERED COSTS at reducing the debt?
A PR saying that RCT's guidance was as much would turn RCT's share price north. It's is not rocket science, it's prudent business practices 101.
So if it is not evil at work here that has delayed increased production and lowering costs, while it has been a topic of MD & A's, strung along for YEARS, what is it ? Lunacy? (pun intended!)
Did anybody say "I'm as mad as hell and I'm not going to take it anymore?"
Does a mining-icon, "SLW-board-of -directors" member like EL end his career up to his ears in worthless shares of a small company he CEO'ed? Does EL live the rest of his live bearing responsibility for losing the hard-earned capital of honest family-people, such as myself, that trusted in his ability to grow a little miner in possession of ore-rich properties?
After all of these years where's the simple accomplishment of the mill expansion Mr. Luna???
Did anybody ask about class action and misrepresentation? Yes, it has been mentioned on this board, and not by me.
From the beginning, RCT has read as if it were a promising penny play, but the reading appears to have not been honestly written.
If the price of gold were to be at a new high very soon, would RCT's share price reflect it? Probably not. Why? Because no one can think RCT is an honest operation.
If there's someone who thinks RCT is an honest operation, I'd like to hear from you, and I have no one on ignore.
Best Regards,
POG 1200