RAS 0.00% 1.6¢ ragusa minerals ltd

Ann: Lonely Mine Gold Project Update, page-23

  1. 764 Posts.
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    I wouldn't worry about the share price as it will easily go back in the 8c range as it was doing for weeks and will increase very easy 10c+ with a quality new project.

    Obviously some were not happy with the results and I admit it did not evoke a lot of confidence for the current project in my opinion.

    The more worrying thing in my opinion is the Company listed this project as their IPO and unless I'm mistaken have only given indications of a new project very recently - I'm sure many holders who fronted up money for the IPO are most likely not happy as there seems to be a bit of uncertainty around the Company moving forward.

    It seems just as they have started exploration they have decided to forego the project and look for another one.

    Still holding a parcel for acquisition and will reassess Ras Al Ghool thereupon biggrin.png
 
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