I see they are not convinced that the metals super-cycle is over, their recent buy-ins include Cline Mining, Greencastle Resources, and Mill City Gold. Does anyone know offhand if the RoF is still their biggest holding?
While it's absolutely appalling to see the SP so low, with no dry powder, I do believe in this play in the long-term, and that won't change. It's not easy to see the price where it is, from a purely selfish perspective. Although I was fortunate to get some cheaper shares before the McFauld's discovery, that's not true for my RRSP. I got what I thought was "cheap shares" then, in the $4 -$4.50 range. So my RRSP account is a big red stain....LOL
At any rate, if nothing else, the bashers give me comfort. Why would they be dispatched by their bosses to work this board if the stock was truly in decline and not worth having? Ever show up at a sports event for no other reason to "BOO" a team? Didn't think so. They always have someone they're rooting for, even if they're giving a Bronx cheer to the other team.
Like I said before, I'm sticking with this investment. Now at least I have a term to describe what I've always felt we had with Noront and others.."Black Swan"...thanks rek!
Looking forward to better days because I know RN is looking out for us. What fun, to be able to enrich your fellow man! Hoping I can do the same in some small way, but RN's gotta get us started first!
GLTAL