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Ryan Gold Corp V.RYG



TSXV:RYG - Post by User

Bullboard Posts
Comment by Uberlandiaon Apr 02, 2003 11:15pm
248 Views
Post# 5993602

RE: Uberlandia

RE: UberlandiaI too bought this stock at the IPO. However, I was not "naive" enough not to take profits and hold until now. I still think this is a solid company despite management's recent mistakes and am back in at these levels. Until today's jump, share price was about 1/2 of book value. IMO it is a reasonable time to take a chance at these prices based what I know about RYG Now instead of being quick to criticize, why don't you address facts? You say their activity is way down. That may be, I'm open to a reasoned argument. All I am asking is what are you basing this on? If they have maintained high sales levels (and in fact sales have increased every year), how is the company moving product if not by trucks? I think you are confusing profit levels with sales volumes. Profits are down yes, but the company has not reported that sales are down. As to your assumptions that I trade purely on technical aspects, how do you know? That is an uninformed, ridiculous assumption and totally uncalled for. People who work at the company are telling me that they are very busy. I think that is more useful info than your silly "drive-by" assessment. Look, if you don't believe in the company and its credibility, then sell your shares and cut your losses. That's what I do.
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