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To: Rocket Red who wrote (29347)2/9/2010 11:21:17 PM
From: Claude Cormier6 Recommendations  Respond to of 233883
 
In my definition, a penny stock is below $1. But even there, I am sure we can find many with less than 100 mil shares.

|| not sure how you find rvs expensive with 1.1 mil proven oz already and those deposits are still open too expansion

Well first I think the gold is a resource, not yet proven, only indicated and inferred. Second, it is in 3 or 4 small deposits. Third, the dril results are not exciting, in my humble opinion. That is why RVS was selling near $0.20 the days before this new and more exciting high grade discovery.
However, yes you are right. They may be expanded and quality may increase.