Search for yourselfMan alive, the market sold off to buy some other stocks worthy to buy. So all the stocks in limbo - pending news , pending cash flow news, etc. are just getting sold . Then the sell stops trigger a flurry of momentous sell sell sell ---- Sounds like a Jim Kramer game.Right now it is very very difficult to catch the right stock at the right time. Certain stocks,which have climbed into worthy status , ie. in the 2- 5 dollar per share range are doing great, ie. ism, sir, aua, cml, sgl, tam, sru etc. not too many, have taken alot of investor capital, compared to penny stocks, which are appearing more and more like junk status. Junk in May, becomes a free give away. The risk is certainly looking like a certain doom and gloom scenario. Gold and base metals got rattled, recently, and many bag holders, are jumping ship. It is the way the market looks at life. Momentum is to the negative side, and only very very few of our penny stocks, like rsg,will ever recover quick enough, unless there will be a ggl lucky strike. Bonanza style news, will certainly make this stock explode. In reality, gold sentiment is weak, and worn out. The volatility at present is too much for some shareholders, and they are leaving the fold by the millions, it is sideline viewing , and the institutions could be selling off rsg, as a high risk junk status company, in other words, not enough drilling news to prove that this company is worthy, and potential delisting from venture tsx will eventually happen to them all, unless they discover gold, and a fair amount. The chances of that happening are astronomical. Has any body seen the projects they are currently drilling- just the Bakoudou- Magnima in Gabon is 2294 sq. km- with huge gold anomalies discovered and being drilled.
In MHO it was nice knowing you former shareholders who gave up the ghost, they will be back , no doubt, but for now, this stock is back to the teens, back to last February 07, why?It is all about market holiday time, People need their money to go to Florida, or somewhere else, or pay off their margin accounts, etc. That is alright , it is our freedom to buy or sell, for profit or loss. It is judgement day , May 15, 2007- It is your decision, to hold, sell or buy. However, remember to search for yourself, why am I doing this- It is all about hope, faith and charity, and the greatest of these is charity. The gold is there, somewhere buried , and the search will continue, until we find all of it. LOL