I orinailly bought in at 22c seen it drop to 8c where I bought half a million dropping my average to .12c and I can tell you I'm still unhappy with the peformance of the stock, if it wasn't for the zinc price rising like it has it would still be at 10c.
I've been reducing at highs recently and my plan is to have an adequate amount of exposure when production time comes as I think the reason for the discount is the market doesn't believe it can make money consistently. You only have to look at the forward pricing of the commodities to see that even after this base mates appreciation most of the commodities still aren't in the money not to mention the measured reserves are next to nothing.
I was banking on a lot higher price before production but because of the constant massive dilution this has been lost.
RVR Price at posting:
23.5¢ Sentiment: None Disclosure: Held
