rsl going forward for 2008, page-8

Thats a good summary for 2008 activity
atleast u know how to backup your words when you make your predictions. However, if you buy back in now, i reakon your better off with a long term hold. I reakon stock will go down when 2nd lease is ann.

Only trouble is, with RSL at its current level, when the 1st malawi lease was ann from memory the stock actually got sold down. So if the 1st release got a big sell down, for what reason will the 2nd lease cause the stock to move up once again?

IMO once that 2nd lease gets released i expect a sell down, so ill prob wait until that get ann b4 i decide to put some cash into it, unless the current price falls below 2c b4 the ann then i may consider buying back in.

As for now i dont see any reasons to put money into it, unless ofcourse i want to day trade it, which is a probably better option b4 the big ANN.

Only time will tell i guess, but if your going longterm like thinking of holding for 1-3ys then this shouldnt be a problem for you at all. But anythign can happen within that time. think of the possibilities, what if the grades r crap from samples they dig up etc....

Im just gonna wait till 2nd lease ann is out b4 i think of buyin back in. If the stock goes up, then i missed the boat but i rather be safe than sorry.