low grade , page-19

bear
keep in mind that rau went up 150mil in mc on the back of possible mt c deal where they eventually offered round 14mil. it did slide back with reality but it goes to show the hysteria that can come with rau.
theres still predictions of the sp reaching 40-50c this year on the back of nothing new except the bolivian project of which they have an option on for 3mil. although i'm far from a believer in rau the bolivian project is better than what they have previously offered and may give them some direction.
but as it stands at the moment rau should be trading marginally better(mc) than their cash position like most other specs