Yikes $1.22.... This hurts!!!!Wow
Never thought we would see these levels again fellow investors. This stock has fallen more than any other in my portfolio and one has to ask why. Perhaps the reasons are good when you think about timelines and news.
1. No current reason for no drill program on Titan... almost like RGZ is losing interest in Titan... why?
2. Titan drill results over 1.5 months overdue (9 holes)
3. Elephant looks like a dud to date.
4. No diamond counts yet on cores from Victory.
5. No third party Analyst reports to back up any projects!
6. One director blowing paper out as soon as he gets it.
7. If they really had a the goods in Brazil would they not have placed the small mill around where they found the 2 Macros in the one augered hole and use a back hoe and run it through the mill?
I could keep going but I'm not here to bash.... I own lots of RGZ. I do believe we will have strong support at the $0.90 level just like last year. I don't believe we have hit bottom yet as the sell orders outway bids 5 to 1. Hopefully better times ahead for all of us shareholders.
Fundspec