doc-lee
21 Nov 2014
Re: can anyone give me a good reason r2..You "suspect it will take the economic conditions & re-rating of the sector to get this back up...."In the meantime, as Hickster has pointed out, we are turning into philanthropists by keeping well paid managers and hard working miners in employment whilst our investments fail to keep pace with even low levels of inflation.What is happening to all the profit ($13.5 Million in the first full fiscal year of production) that our company is making?? Is it sitting there awaiting the next purchase that will ensure a longer life for the company and remunerative employment for management and workers?Somehow, these days I don't feel all that philanthropic, more misanthropic, with regard to RMM.Come On, RMM! How about sharing some of the cash with those whose financing helped you to get where you are today? Even a share buy-back, the possibility of which was raised in the Annual Report, would be helpful. It would at the very least increase the proportional share of individual holdings in the company so that any rise in the valuation of the company would be reflected more strongly in each our individual shareholdings. It might reassure shareholders like Hucleberry TIM that when light is seen at the end of the tunnel it will grow ever more brighter and faster than it would otherwise have done.
KarlMar5
21 Nov 2014
Re: can anyone give me a good reason With that in mind why don't we all sell 1% of our holdings on a given day/time and see if it works.Regards KM
r21442
20 Nov 2014
Re: can anyone give me a good reason Suspect it will take the economic conditions & re-rating of the sector to get this back up then scramble from insitutions to add but spread their risk across sector. In all likliehood will overshoot. Tough to hold when not even returning base rate equivalent divi.My position is it always rises after I sell, chances are that happens to others, so everybody, er, please sell so I can be the beneficiary for a change.
thehickster
20 Nov 2014
Re: can anyone give me a good reason Keep asking myself this too.It's very rare on AIM to have something actually make it to good profits without staggering dilution etc... and when you've been lucky enough to pick a stock that actually delivers it's an incredible disappointment to find out you get no reward anyway.At least we're helping keep management on decent salaries and hard working people in Canada in a job... although I must admit I invested to try and make a little bit for myself too.. oh well.On the plus side, there shouldn't be too much downside considering the decent profits and cashflow etc. Taking money out of Rambler and putting it into almost any other AIM stock will probably lose you money.. Unless you're using it for margin to go short. In fact there's probably a good idea for a new fund. The short on AIM fund.. pretty much guaranteed easy money !
HUCKLEBERRY TIM
19 Nov 2014
can anyone give me a good reason to continue to hold these. A large paper loss and little progress in more than 2 years (can't remember exactly). My money has a chance of actually making elsewhere whereas here it seems that no matter what happens, it stays the same. In the time I have held it has gone from theory to business and started to turn a profit yet the value I hoped for has not appeared. The gold and copper price has slid a little but still....I know this has been covered before, but can anyone give me a good reason not to walk away? If not then we probably all should.
