RE: RE: Odds of Rodinia Being Successful?Thanks. I would like to hope that it isn't a scam. He is not my expert, however his opinion has been quoted to me and his view is probably the prevalent one given Rodinia's share price. This supposed expert has stated that this stock has been heavily hyped in the U.S. and Canada. Is this true I wonder? It certainly hasn't been hyped on BNN the way Falcon Oil & Gas was for example. Aside from Eric Nuttal, who hasn't talked about it for a long time, and the article written in the newspaper by a reporter after the last shareholder meeting, nobody seems to talk about it at all. Is this because it has been dismissed as being too remote a possibility or is the company just not trying hard to promote it?
As for the geology, I appreciate whatever information this board can provide as it is helpful in trying to assess if this stock has any basis in reality for success. I would like to think that it does. I would like to think that because the Board of Directors and the CEO seem to have impressive credentials that this would give credibility to the company, but I have to admit that the share price of Rodinia has not been very reassuring. I thought that it would rise as we approached drilling, as Eric Nuttal predicted that it would, however the opposite has occurred. One year after its financing at $1.00 it did a full circle back to $1.00, which it has bounced off of, after hitting a high of $3.40, based on no news. Can anyone explain this behaviour. What drove it up so how and what has driven it down again? Is it day traders just running the stock up and then dumping it?
Is it unreasonable to expect the company to make more of an effort to give shareholders more information about what is going on with this stock/company and its exploration efforts? Is there nothing to say?