BIG 0.00% $2.22 burrendong minerals limited

even a turkey will fly in a tornado, page-4

  1. 8,096 Posts.
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    Well bigtoe it may be the worst stock you have owned but it certainly isn't the worst stock that I have owned.

    In fact, as I have pointed out before on several occasions, I have done rather well out of RAU. I don't intend to reiterate my past dealings in RAU....... I did that not so long ago, certainly within the last month or six weeks at most if you want to check back through.

    I don't really care what some other people might like to suggest about RAU. I am happy with waiting to see if the potential that I think this company has can be realized.

    It's a spec stock. A spec stock with some interesting prospects. I'm willing to take the gamble.

    I am certainly not asking anybody else to take the gamble. I am not fudging that there is risk. And I am not expecting the share price to fly high at any immediate stage in the future.

    I would expect some response in the sp if and when RAU announces a further upgrade at Amayapampa and particularly when it is able to indicate significant progress towards becoming a producer at either Amayapampa in Bolivia or Tregoora in FNQ.

    People who continually bag the stock because it is hanging around the 2 cent level are being unrealistic. Until Republic gets to the stage of verging on being a producer there is unlikely to be a lot of sp action.

    A good dose of patience could go a long way
 
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