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Ryan Gold Corp V.RYG



TSXV:RYG - Post by User

Comment by bob4977on Feb 05, 2012 2:28pm
368 Views
Post# 19492256

RE: RE: RE: Price Action

RE: RE: RE: Price Action

Shawn Ryan was at the Roundup but he was not set up in a booth at the Resource Conference. There is a fair amount of speculative money that shows up at these conferences so it is possible RYG created some interest just by hobnobbing with some of these folks. I am pretty sure that there is no financing in the works as they should have around $40 million in the bank from the last financing.

The reason I got into this stock is that the stock was hardly creating any value for the land or Shawn Ryan's ability to find gold. Now that the gold market is getting hot again, people are suddenly remembering that he does have a proven ability to find gold. This stock is approaching a more fair price. Hopefully it overshoots a lot and I can take a profit.

Bob

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