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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Chunger who wrote (25009)11/11/2006 12:00:30 AM
From: koan  Read Replies (1) | Respond to of 78410
 
I was going to buy RNG wts this morning. I was goiing to sell some GML. Then I saw the freefall of RNG. Their chart to date was perfect and then this.

I do not like trying to catching a falling knife. I am just going to let it go until the smoke clears. I have a core position.

I am worried about the gold mine in Mauritania. I am sure it will be a good mine, but how are the politics? And it is pretty remote I think?

But if they get the gold mine going, and all is fine, and gold rises, those wts would be golden. $5 strike price and expire in aug of 08 I think.

If China is going to diversify its dollar holding's that should cause gold to rise prretty good?



To: Chunger who wrote (25009)11/11/2006 3:07:23 PM
From: LoneClone  Read Replies (1) | Respond to of 78410
 
Very odd.

I just read carefully through the RNG quarterlies, and found nothing to account for the selloff. I even ventured into TVWKAS in search of insight, and found nothing except for contentions that "RNG always sells off on news even if it's good".

I'm holding my warrants, and still hoping for a buck at some point this winter.

TVWKAS = The Vast Wasteland Known As Stockhouse.

LC