Thread for Rubicon Minerals.
I'm a big fan of this stock. It's the closest you're going to get to a sure thing in a one trick pony explorer.
this is a very good synopsis of Rubicon's current situation from seeking alpha.
The F2 bulk sample results, which are expected to be part of an end of June 2011 PEA, will provide solid evidence of the F2 deposit grade from the core area and from an edge area. Given the extreme difficulty of sampling a coarse gold deposit with just drill results, I believe that the bulk sample grades from F2 will be in line with the geological exploration potential grades provided by Peter George, a person with extensive experience in coarse gold deposit in general and Red Lake specifically. That is, I am expecting the bulk sample grades to be in the 21.2 to 29.2 g/t range.
good explanation of coarse gold deposits (nugget effect)in there as well.
all the miners are taking a beating. Investors are risk averse and physical metal is viewed as a safe haven while miners are high risk. DYODD and don't take big risks you can't handle.
Do you think it is getting shorted into oblivion?
Anyone in the loop yet?
Management is pleased to announced their economic assessment and the stock drops a $1.00. One of the analysis houses puts a sell on the stock. I did not think the numbers looked that bad at $1,500.00 gold. What am I missing?
I bought the December 2011 - $2.50 calls today for $1.20. I have to believe with the price of gold rising, 6 months for the company to announce some good news and Gold Corp sitting in the wings, this has to be a good wager. Time will tell.
RBY up big after hours on $70m investment by AEM. Interesting....
Grabbed some Rubicon on a stink bid today. Now that AEM is in, I think it's safe.