RNC Gold Inc fka RNC

[amarksp]

RNC, still waiting for RNC news releases...

Well, back from vacation and RNC continues to underperform with apparently no news... London PM fix POG averaging $426 for 3Q05 thus far. More than adequate for RNC to book EPS of over $.04 for the 3rd quarter, IMO.

Only 3 fundamental factors that could account for the dismal share price performance so far this year:
1) Bonanza drill results are dismal and somehow investors have gotten news of this prior to any official news release.
2) A new PP required for San Andres/Honduras acquisition. Such a PP would have to be non-accretive to EPS and cash flow per share for this to be a negative, fundamentally.
3) Jitney trading.

We should soon find out which of these 3 fundamanetal factors, or combination thereof, is driving the price down correctly or incorrectly... Stay tuned..., we will soon find out whether this man has been truthful or not, see post:
http://www.investorshub.com/boards/read_msg.asp?message_id=6460736

On the positive side, we have POG averaging over $425 and the CAFTA bill has passed into law in USA. CAFTA passing should be a siginificant positive event IMO, if for nothing else than all the NGO's were against CAFTA and the "neo liberal/colonialist" policies of mining companies in Central America. Appears Bolanos will remain in office until 2006 and hopefully Nicaragua can have another round of free and fair elections...