I know a couple of things on RAU.
I know between now and Jan 15th....RAU will not be a flavour and will get a beating.
RAU at 8.5 is still not a beating. We will probably see it lower before Jan 15th. How low? Nana and SB are probably correct on their calls.
After Jan 15th...you will see a reversal before the news of Mt Carbine being a sucess hit the market. Why? Because every boat has some leaks.
Mt Carbine will happen. When it does....expect RAU to be in option one....40 cents and above....but yeah..more falls till then. 5 cents? I dont know but anything is possible.
If you believe Mt Carbine will go ahead...hold.
If you dont. Sell between now and then.
I will hold as I know its not red or black. I know its not a high court CAZ versus RIO situation. RAU wants to buy...the vendor wants to sell. Somewhere alon the negotiation...a deal will be struck.
and.....in the 3rd week of january.....RAU will go into a trading halt and Mt Carbine will be RAU's.
Until then.....yep.....we will all cop a bit of a beating.
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