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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: LLCF who wrote (67975)11/11/2009 9:32:03 PM
From: bull_dozer  Read Replies (2) of 78419
 
Looks like it has to go up a lot (10 times) so that they might be able to start buying it. <G>

With respect to the “disappointment”, the fund is not allowed to invest in any “junior” with a market cap of less than $150 million, with $200 million being the normal threshold. Thanks to the banker-engineered slaughter which these companies were subjected to a year ago, dozens of top-quality gold juniors do not qualify for this fund – and this limits the selection available to the fund, although there are still many dozens of companies to choose from.

seekingalpha.com

Current RG market cap is about $20 million.

romios.com

So if you can make it a 10 bagger from here we all will be very happy. <G> Apparently market did not like today's press release. FWIW, I still have some GTC stinky bids in.

finance.yahoo.com
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