"Why not have a crack at learning about the commodity cycle. All mining stocks and commodity prices are at lows because we are at the bottom of the cycle. From here it goes up, however, before you get all flustered, it could go back down a little but long term it will rise."
Unfortunately all that counts are the demonstrable facts of the real world .... not your half baked market theories. No flustering .... just stick to facts & cut the crystal ball gazing.
"Your ten year comment is also fancified. Rwd was in courts and then drilled karly. So the reality is rwd has only been moving toward production for a few years, which is very normal progress"
The ridiculous waste of time & resources spent chasing rainbow Karly is actually a great example of the ineptitude of management. We had a proven world class resource in LD but rather than concentrating on that they went off chasing the Karly rainbow ..... I guess they never heard the old saying about "a bird in the hand is worth 2 in the bush" !!!
It never ceases to amaze how apologists seek to always shoot the messenger "However there is only ONE person to blame in all of this and that is YOU" .... pathetic.
Yes, we invest in a company because we believe in the product, but we don't expect the chances of success to be continually butchered by ongoing poor decision making.
Anyway, enough time wasted on someone who is possibly a staffer anyway (no one else could continue to defend the indefensible with such blind "logic") .... enjoy you turkey (cannibal) & champagne
RWD Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held
(20min delay)