I bailed out of RAU when my stop loss got hit after the first Burraga results. I tried to tell people then it was crap but got laughed at for downramping.
Burraga coninues to be crap - there is nothing remotely economic about it, not even close at this stage. They still haven't found anything but low-grade sub-economic disseminated mineralisation after 3 sets of drill results.
I know Burraga isn't RAU's main play but I really hope you are assigning any value to it. If anything its a big minus as it looks like the co are going to waste time and money with a stage 2 program on it.
I don't hold but I hope Mt. Carbine comes good or RAU will be back at placement levels soon.
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- good call at last bb
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