Ann: RIU Sydney Resources Round up Conference Presentation, page-31

4 million shares - no wonder you are ramping the shit out of this.
I originally bought in at 12 cents and then again at 8 cents but gave up and sold at 6 cents so a bit of a loss but i held quite a few options as well and managed to sell them for a good profit.
This company had a lot of promise but should have spent some of the early cash actually getting something out of the ground and generating a profit.
Even after they finally get their 100 million oz of silver jorc they will still have no physical silver and will need to raise capital yet again to start production. As it is, this latest presentation released today is just the precursor for the next cap raise which will be in the next week or so just to keep the lights on.
As for your doomsday mate who thinks silver will go to $50, well i hope he is right as i hold a fair amount of actual silver.
Will be tempted to buy back in when it hits or goes lower than 2 cents.