Things change GS and I was smart enough to notice them. Just the other day you were singing my praises on a nice call of selling WG. We all know that DB and GS are the same person.
If this company stays in business and that's a big if, how much more dilution coming? Just knowing that DB paid between $3 and $4 presplit. Is my Christmas present.
Merry Christmas you old savings and loan.
You're crazy billy. Why don't you go back over to the WG board where you belong. There are a line of angry shareholders who you duped into paying over $13 a share.......you said the share price was going to $30 short term/$90 long term.
Not a very nice holiday season for those who listened to you is it now?
You should be ashamed of yourself!!!
DB is a loser. He lost everyone's money on CAMP and then clct and now RVM. Every board that guy is on hates him. Except the few aliases he uses to lie for him. You must be so proud to be down 33% listening to him here.
GS and DB are the same person. When he got exposed on CDTI board on RVM, GS had to fly over here to do damage control. LMAO.
One caveat with having plenty of time is watch the prices of silver and copper. If they surge, surely RVM will follow at some point. We have end of year tax loss selling going on here. Don't buy your entire position now, but you could pick up 1K, 2K, or 3K shares in the low 70c range to have an initial position.
thewanderer, I totally agree with you. DB is not a pumper. If billy actually read his last post to me he advised me that I had plenty of time to buy shares of RVT. If billy was providing advice he would tell me the stock was going to $10 a share by the end of this year so I had better bet the farm by the end of the trading day. The poor guys on the WG board were suckered into his pie in the sky tactics and lost their shirt. Beware of his dog Spannuts as the two of them are out of the same fold.
I value what DB says. He has shown himself to be quite an astute and accurate source of news and honest opinion over the years of Revetts status, both praising and fairly criticizing depending on the moment. I respect his opinions expressed here.
I buy and sell all the time. Go look at at the RVM.TO board. I am the only poster there from the beginning of the company. Jealous?
I didn't listen to Dbtunr on his recommendation of RVM. thank my lucky stars, that I was smart enough to not jump in it at $1.07, his recommended entry point.
Now that nut job is trying to tell us he bought RVM at .05.
Crazy precious metals market! Just noticed that Golden Star Resources dropped 30% on Friday. Price down to 16 pennies!
I heard there was some rebalancing going on with gold funds. Many volumes trading much much higher at the end of the day. I guess RVM is most likely not included in these funds.
Thanks db for your response. This appears to be one of those stocks you just buy a bunch of shares and forget about it. However, there might be a good opportunity to start a small position now and average down as we go into the new year and possibly trade some shares if there is good news next Spring. Recently, I've noticed most of the miners have risen off their bottoms but unsure whether it's just a bounce or not? As governments around the world copy cat our lame moves by our government (printing massive currencies) investors will start to bring precious metals back in vogue.
On a side note, I first ran into billy's antics on the WG board. He claimed WG was going to $30 this year and then eventually $90 long term. Spannuts on the other hand, is just that......nuts! There's nothing worse than a nutty guy who has a big ego.
Thanks for your recommendation on RVM (from the CDTI board).
It appears the current price of the stock assigns almost zero value to the Rock Creek mine. I really have not spent much time valuing the potential of the company because once Rock Creek gains full approval the valuation will be huge. Of course the zillion dollar question is if and when will the mine gains full approval. I noticed from the CDTI board that Spannuts said the company was close to BK. This tells me he did zero due diligence. The company is well backed by investors including Silver Wheaton so only an idiot would make a comment like that. In fact, I will direct all further posts to this board because I don't want Spannuts or billy to invest in this stock or pollute this board. The reserves in the Rock Creek mine are mind boggling to say the least. IMO, they've done a great job appeasing all the environmental concerns and even an environmentalist should realize that this mine will have minimal impact on the environment especially when you compare it to other mines. I'm trying to figure out what other steps need to be completed in order to gain full approval and was hoping you might have some knowledge of this process.
I noticed from the recent earnings report that the SEIS report will be ready to be circulated by mid 2015.
From their October presentation I also noticed that under the title of "Development" their updated progress states:
Phase I : Evaluation audit and Feasibility Study. Initial infrastructure and mitigation measures in place (2 - 3 years)
Phase II : Construction (3 years). Will employ approximately 300 workers
So, what are the saying regarding Phase I? Do they still need another 2 to 3 years to complete this?
It appears Phase II means that it will take 3 years to actually build the mine and be operational.
It's just unusual to see 60, 67, 46, 53, 34k blocks being sold...Someone needs a loss and someone us is willing to step in at a perfect entry point!
228K shares and we're only down 1%??? Whaz up wit dat? RVM is so thinly traded...Seems to me as if somethings in the works...Someone wanted the shares for cheap and they got them over the past few days.
My point exactly...Yes there is the risk that an update on Rock Creek leaks out but I highly doubt it..Perhaps an update on Troy but is that really going to move the needle? RVM has been very transparent with their timeline and they have kept to it by hitting milestones. So if you need a write off, RVM certainly would be a great candidate. Even if it did crawl back up to say .85 - $1 in 30 days, it would still represent an excellent reentry point.