General Discussions, page-19424

Hi All and @littlebruther it was great to hear from you and to get your persepective as a long-term holder of RNU - I am 2 1/2 years holding.

Your post got me thinking about the ebb and flo of the RNU ride/tide thus far and how at times it is like a mill pond, at other times it is stormy and choppy, sometimes we are thrown multiple tsunami's and sometimes high and low tides as we all anticipate the day when everything falls into place and we hear the call "surf's up" That is investing/holding for sure

I was reminded of the "Lassonde Curve" which looks at the lifecycle of a junior mining development and hypothesises that the share price of mining companies follow a specific cycle dependant upon resource specific events occurring such as exploration, assessment, financing, construction, production and closure.

There is an interesting article written by KJ Kuchling Consultanting Ltd. that gives a fantastic breakdown as to what is involved in the 5 stages of development up to production which helped me with my understanding of events and gave me reassurance as we went through the last year or so.

click here to read the article

It is interesting to look at the RNU 5 year graph alongside the Lassonde Curve illustration ... looks a little familiar to me



I have placed a "green star" onto an illustration below (from another source) to show where I believe RNU is presently on our journey as we pretty much have financing and permitting in the bag.

Of course timelines can change but the fundamentals are there and I firmly believe we are onto a winner here with RNU.

As I have no experience in the mining industry I would welcome feedback and thoughts from those who do (hint, hint @bombersmadd) and hope this post inspires to hang in there.. and hey, if I am talking crap just tell me (but please justify your comments).



Regards GLTAH DYOR