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brightguy

08/22/14 2:04 PM

#47963 RE: Rhinegold #47952

That $11.6 billion figure is bogus for 2 important reasons!
1. That was based on precious metal prices 3 years ago,when gold was at $1667/oz
2. More importantly that doesn't factor in the enormous costs in mining those minerals.You make it sound like that $11.6 is all profit!! ,! WRONG!!
That's why this IPO is dead on arrival!!

brightguy

08/22/14 8:26 PM

#47973 RE: Rhinegold #47952

Really??? 5 whole trades today with a final trade paint job,the only buy of the day.This is action????Hardly ,and why the final trade paint jobs to move it up a tiny .0001????? This really stinks,has scam written all over it!!!