Hahaha I love how you repeat "RXL is finished ", "Share holders are finished" over and over. The more you say it doesnt make it more true. I am not a long time holder but have traded this stock in the past. But the stock isnt going to go under and can raise more capital if needed. It isnt going under so stop making out like it is. Yes costs atm a high across the board with all miners suffering, but this in time will force prices higher as no new supply will come to the market, and will force producers to close, as the cycle always goes what goes down must come up.
Also the US dollar will face pressure and come back down in time which will drive gold up. It may not be tomorrow, next week, or next month but its going to happen and currently RXL isnt trading at a high cost per ounce.
For someone who is so bearish on gold you gold a lot of gold stocks, doesn't seem like a smart play to me
RXL Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held
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