RE: RE: who's playing...It Does seem crazy the trading in RM lately. The only thing that bugs me about the whole situation is that management completed the PP at
.58 when the stock was trading above
.70 at the time. We all know what happened after that.
Anyhow, I'm hoping to pick up some shares later in the month just waiting on some cash to come across from another account. So if RM stays below $.50 mark, I'll be buying.
Also i did call IR yesterday. Regarding the Clayton valley, supposedly the permits that they applied for to continue drilling had to be re-submitted. This applied to ALL companies regardless of what they are mining, to account for wildlife / environment impact. I guess this is something new in Nevada for drilling permits to be issued.
I also mentioned to the IR guy that the presentation on the website is out of date. Supposedly they have an updated one. Not sure if it's been posted yet but I will have a look. Lastly they stated that res. cal . still due out in the first quarter with no definate date.
My impression of IR is that they know the res. cal. estimates based on the reaction from the fellow. If anyone else can call and get an impression that would be appreciated.
Cheers,
R...