RE:RE:RE:RE:RE:RE:RE:New PRESENTATION outHomebone wrote: I will agree with you that there will be catalysts coming, but not until the third quarter...
Don't expect any insider buying because they are apparently in a black out period while the resource estimate is being prepared. Also, you should expect that analysts won't be publishing any work until the new PEA is out... so hopefully before the end of the year? Sadly, nothing is planned to happen in Q2.
Along with the other long-term holders, it's been hard not pressing the sell button over the last 5 years... there always seems to be a catalyst coming that one would expect to cause an increase in the stock price but sadly this hasn't happened.
If the 2017 news doesn't get us moving in the right direction, then you will be looking at Romarco 2.0 with us getting diluted at these ridiculous levels. Don't expect Electrum or the others to pony up and exercise warrants if they don't have to.
At least it is Friday! Enjoy the weekend everyone.
HB
buyplatinum wrote: They have four drill programs to be included in new resource update from last two years, I don't know how much upgrade in M/I we might see but a lot of work has been done since 2014.
I think there could be several catalyst in next few weeks to months, insider buys, new analyst coverage of which we have seen none and are way over due.
It would be nice if it would pan out this way for once until we get updated resource and mine plan in 3rd qtr.
I'M as disappointed as anyone here and have been here a long time but I look for better days ahead and I believe this new management team is trying hard to advance the project and am hopeful and believe they will succeed.
Not trying to pump up s/p invest at your own risk. Thanks
Good comments Homebone. I haven't looked at this one in a while and was wondering why the share price was sliding so much. My first thought was that they were shopping a pp around. Do they have a decent cash balance or will they need to raise money soon?
Not long, not short. Just curious. It would be a shame if Diane can't raise cash without having the sp tank, 'Lee' style. I thought she was great at Romarco, and still have high hopes for her here.