RHK 2.44% 80.0¢ red hawk mining limited

this business reminds me of territory iron {tty} there is a lot...

  1. 3,062 Posts.
    this business reminds me of territory iron {tty} there is a lot an aggressive board can do to destroy s/h value,its a matter of real concern I am still weighing the positives and negatives, I only have a million shares and cannot see a profitable outcome in the next 2 years for the capital outlay an LIC would have been much better value given my average cost of 3c----the only thing I can say should I elect to sell and gain the tax loss it will only be directly on market, so TODD,s advisors have chosen well to make a return equal to my lic of choice the breakeven price after tax would be 6.5c per share which I consider realistic, the board , well what can one say I am sure no one feels they are deserving of their fees---guess the old adage applies ,price is what you pay, as for value cannot see any have held for 5 years am really sorry for longer term holders
 
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