Rockhaven Resources Ltd V.RK

Average Down???

[Stevesack]

It is getting more apparent that Rockhaven is a prime candidate to get bought out. Even though I have hundreds of thousands of shares I think that I will buy more to get my average price down to the 12 cent level. I am assuming that a buyout will be in the 15 to 18 cent range based mostly on the price Atac received. Atac shareholders received a spin out company that was worth a few cents which a Rockhaven buyout probably will not have. Any thoughts

[desertmule]

Hi Steve you sound like me ...lots of stock at higher prices..wrote a long reply but stockhouse lost it...will stick around for awhile...I like this group, the deal and foremost GOLD, SILVER are the only real money...central banks are buying for a reason, our silly stock market will eventually catch up.  Good luck.

[Stevesack]

I am a lot like you mule. I was a shareholder of Atac back 2009 and 2010 and followed your informative posts on this Stockhouse, I was Snozola back then.I was lucky enough to sell my last 10000 shares at $8.44. Needless to say I made a lot of money as I had 225000 shares that I bought at a 28 cent average. I was coaxed reluctantly by my broker into selling my first 10K shares at $2.30, take some

[idleintruder]

Stevesack,  I strongly doubt a buyout at 15 to 18 cents.  Latest news on pre-con states a doubling of the gold grade.  We could have a big and pleasant surprise!  Good luck.

[desertmule]

Idle I agree with you...of course I have a fairly big position at much higher values and also want to buy more...am waiting for another dud to go a little higher before I liquidate and replace with RK..under current market conditions I don't think there is any panic but this market will change and quickly.  Gold is real money.  This deposit is open and there are many more zones that

[Stevesack]

I did average down and will add more. The price of gold is positive and baffling as it surged to almost 2100 us and then leaked off substantially back to 2020US. A surge to 2300 would have brought the juniors out of this doldrum.