ramsay07
Now yes, but at the time (June 2007) before subprime that's exactly what everyone here expected RMG to do. The setup was exactly the same, both the ascent brothers held a lot of stock (as they did with BLR, WMT and DYL). They handed the reigns over to the new directors and then they sit back for the pump and they sell. I was just going to follow what they did.
One of the ascent brothers like me gave up and sold his holding and i'm guessing it's because he realized the company just can't do run in this market.
RMG did a false start when it ran to 5c, most people expected 18c within 3 months but i thought 12c was more realistic. This is what the Ascent brothers do.
NKLEX
Exactly, why. You tell me why because RMG sure as hell aren't. This is the whole thing with RMG, no one knows a thing including you. How can you seriously hold when you know nothing ?
This is what we do know, they have $1.9m left and no proven resource, still no results from last years samples and they're currently looking for copper. Take a look at the price of copper.
mickqld
People have been asking that very question for 2 years and still no answer. I think the real question is how is the allmighty holloman holding up with so many mines going into care, there main source of income can't be good. How will this hurt their smaller operations like RMG ?
After 2 years the only thing RMG have got is you guys and your endless supply optimism (or wishful thinking).
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