what is in the future for rng, page-10

V1

Last actual cost was over 1800 pr oz. They said they were going to bring cost down to the levels you mention but no evidence they were headed in that direction. Actual trend was increasing cost, not declining, in spite of there repeatedly telling us cost were going to come down.

In fact before they told us about the 1800+ they were talking about cost much lower than that. So, they lied, they failed, they obfuscated, either or all, net result is the same.

They have no credibility with anyone (bankers, shareholders, market, etc.), as evidenced by the fact that they were unable to obtain additional financing from people who have had the opportunity to review the company in much greater detail than any information that has been released to the shareholders.

At least that's the way I see it.

best to all!!
L4JG