OTCQX:RPMGD - Post by User
Post by
upupandaway7on May 09, 2017 2:59pm
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Post# 26222384
Negative pressure
Negative pressure
Any body have thoughts on why there is so much negative pressure on this stock, forward looking this company looks well positioned with a nice hedge and ramping up towards 200 ounces a day where I would anticipate more value here unless their costs are not in line with estimates.
Seems like investors are either skeptical of the costs or a potential reverse split and or offering. Reverse split I can see as the out standing shares is over 400 million fully diluted and seeking institutional investors but an offering not so much as the revenue and cash flow is there once gold is validated in their leach pads.
Frustrating seeing a good story suffer like this. Patience until their next report out I guess.