Re: Romarco's ENORMOUS DILUTION Hasn't Seemed Retard Its Share Price.
in response to
by
posted on
Oct 29, 2010 02:16PM
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When I first raised the similitarity between Romarco and Tyhee, here on this blogsite, it was around 15 cents. I asked Dave Webb about R, and he told me that it was a completely different property, with totally different aspects. From what I recall of our conversation, he had looked it over a ways back and had ultimately chosen to go with the Yellowknife Gold Project.
Interestingly, it was on the basis of the pre feas that I noticed Romarco. Others will have noticed Tyhee when the recent Pre Feas came out. Some of them may be investing in it during this PP. Certainly all eyes are on whether Tyhee will act on the recommendations in the pre feas. So it would be good to do a side-by-side comparison of the conclusions/recommendaitons from the Pre Feas and the plans announced in the upcoming News Release. If they do everything recommended in the Pre Feas, as I expect they will, it will once again demonstrate that DW is moving in a methodical, measured way towards production. Despite a tight market for venture capital, despite the events of 21 Sept, and despite what must be constant pressure to sell us all out with a buyout or other deal not in our best interests, DW is going to take this thing into production.
And I own a small piece of this.
Next week, all eyes on the effects that QE2 and the US election guaranteeing gold prices / us dollar will continue in their trends, and the news release, should be a very good week.
SKELEG