cb thanks for having a look. i've thought those things myself ie cheap recovery costs etc but wondered why some people want to play down the prospect when really the grades they are quoting aren't all that different to companies that people talk highly of. i guess just comes down to difference of opinion and possibly whether or not you have been burnt by the stock in question. in this case for some it is rau. on other threads people talk about "under the radar". i don't necessarily think that is true of rau however the level of uncertainty associated with whether they will get the nod/social licence to even start a mine then get the required finance probably has a lot of people sitting on the sidelines. when those 2 stars align i will be glad i have my holdings. even if that is 2 years away the payday will be well worth the wait imo.
BIG Price at posting:
2.2¢ Sentiment: LT Buy Disclosure: Held