We just need to know more information which is coming his week....drill results.
we also need to know what is in Mt carbine...how much....what grade and how much RAU will pay for it.
Once we have that....we can work out a true value for RAU.
Right now though...I personally think its worth around 18 cents.....buts thats my oppinion.
The big seller today..probably multistock or who ever is probably selling for their own reasons. there have been no director selling or other major shareholders changing their positions on RAU. thats a good thing. Who knows why multistock want out,,,,thats their perogative.
Watch for news this week and we will see a lot better where we stand.
But at these prices, i can only see it as 50% discount to what could come towards the end of this week.
Also...I believe both the Mt Carbine situaiton should be sorted around xmas or before....hope so anyway.
It would certainly be a nice Xmas if we had 2 more sets of drill results and news on Mt Carbine before then or in about 10 days.
BIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held