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Re: thepatienthound post# 100341

Tuesday, 07/20/2021 4:52:30 PM

Tuesday, July 20, 2021 4:52:30 PM

Post# of 112674
IMO, nothing is gonna happen until they actually have some gold. You can research the history of DSCR and Russell's management and see they've flubbed on multiple projects prior to now, mining ones included. So this stock has some things to prove before it really moves.

Until then, the coin is supported (supposedly) only by Russell's personal stash of cryptocurrency which has obviously tanked in value over the last couple of months. So, shouldn't the coin now cost somewhere around $1/each? Nothing tying its value to, ya know, the value of what's supposedly backing it.

Right now, it just looks like the coin is a "product" for them to sell alongside shares.