Prediction: There will be no production by April or 2023I have correctly predicted back in 2021, that contrary to managements claims in 2021, that there would be no production by the end of 2021 nor 2022. If you dont believe me check my posts over at ceo.ca on the RHC board.
Why did I know they wouldnt produce? Because this crew has been creating lifestyle companies one after the next with the same marketing spin (imminent production) for over a decade, with no results (companies like Ominica Mining, Westcore Energy, 49 Resources and more!). All of them failed to get into production or make shareholders a profit.
I am now making the prediction that similar to Omineca Mining, all of the new timelines (April 2023) will also be missed and that there will be no production this year.
Do you know what will happen though? Another financing this year, as stated in the most recent interview by the CEO. Because one thing is for sure: Management will take home a nice check, even if shareholders get fleeced in the process.
GLTA! and exit this sinking ship as soon as possible.