RE:RE:RE:RE:RE:My Consolidation Decision. Martyboss, Red Cloud appears to be the # 1 place for making deals in the junior resource sector and for stock promotion. These are really difficult times in the resource sector for now. I expect this situation will remain with us until late Spring, until we have seen the last of the US Fed interest rate raises.
Commodities will remain under some downward pressure, at least until then.
If Rockcliff has limited funds for a stock promotion plan, maybe they should hold off a little until the next drilling results have been released. But they will need some capital, soon after that. So I expect that they will get that effort underway, as soon as the roll back, has been done.
I would just love to see Ken Lapierre being interviewed by some sincere and inquisitive mind asking why investors should buy into Rockcliff Metals. That would really be an entertaining listen!
Since they have asked for a roll back, it will be coming, if the vote, for it is positive.
I just hope that management doesn't make it a 10 to 1 reverse spit. But market conditions will dictate this as well.
I would prefer something less but I am not hopeful in this regard. Past experience is the best teacher. This is something that you, I and every other Rockcliff Shareholder, already knows.
Our best recourse for now is to hope that our share price may gradually rise higher, in the next couple of months or so. That might take some financing pressure off management, so they might give us a better deal.
I am remaining positive for the longer term. Interest rates can't rise forever. And talk of recession doesn't always last too long, once the fear is gone!
All the best! Java