RDG 0.00% 2.2¢ resource development group limited

Ann: RDG To Acquire 30% Interest in Gold Project Joint Venture, page-8

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  1. 3,249 Posts.
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    Well im sure alot of business is done around connections.... but what worries me is we're not rolling in work so to cut off most of our other opportunities to pursue this sounds counter productive to me.

    I mean it's hard enough to get a small tiddler off the ground... to bank 15m on it given our size seems abit of a too risky gun ho move to me if you ask me. Without insider knowledge of why this would be great if they get a mine up and running and us all the work... but look at how many yrs some of these prospective miners take and not all of them even get there.... we're trying to gather work in the short term firstly i would have thought and this just doesn't align with me.


    The lack of strategic explanation worries me. Why are we doing a JV with a gold company? Just worries me if we've lost our focus... not completely sold currently.

    And we all know miners state what they think their worth and if i had a dollar for everytime the share price never got anywhere near i would be rich. So to me the "we think we're $0.25 worth" just doesn't fly.
 
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