OTCQX:RPMGD - Post by User
Comment by
pipefit2on Oct 08, 2013 4:58pm
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Post# 21800878
RE:Again
RE:Again
Rick Rule says that the majors are selling marginal projects, not buying. (see link below) And of course the stated business model here is to develop stuff, then sell it to a major. The only course of action that makes any sense right now is to take the settlement money and buy gold and silver bullion, and to take delivery of Dore bars from Couer for the NSR payments. If we can't get Dore from Couer, we should take the NSR payments and buy gold and silver every quarter. It makes no sense to do any drilling until gold and silver go a lot higher. And if we're waiting for higher metal prices, why would we wait in fiat? https://www.kitco.com/ind/Tekoa_Silva/2013-10-04-Rick-Rule-The-Same-Set-of-Circumstances-Exist-As-In-2010-But-Prices-Are-Now-Off-By-80.html