rau major events, page-6

Hello cb25, I was not going to post further on this issue but your post has inspired me.

Even though Nicholsons position is difficult to understand it is RAU that got caught with its pants down. They spent money and issued shares re MT Carbine for ABSOLUTELY NO RETURN. An absolute debacle. Now there is talk of another mysterious project in the wind. To be honest I almost cant believe the saga with this stock. Pressure needs to be put to bear by shareholders on management to start delivering on its core business. JK has often trumpeted some of RAUs existing projcts as being very encouraging or exciting. Well time to deliver on those projects. The talk of a new project is worrying given that RAU already has enough projects to follow through on. More projects creates a greater financial burden usually meaning more share placements. Shareholders should also look very closely at RAUs quarterly cash flow statements to see whether the shareholders funds are being well spent. Remember, even if you only have a small holding, its your company and you are entitled to have some input. Thats what I recommend to my family members who still hold their shares.
cheers
SAV