Rubicon Minerals Corp. (USA) (NYSEMKT:RBY)
The Company is a Canadian based mineral exploration-stage company that explores for commercially viable gold and base metal deposits through Company-funded and partner-funded exploration.
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Gold stocks have a great deal of volatility , in addition to exploration issues, some of that volatility also involves issues of financing, and government bureaucracy.
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to follow...
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Gold in the ground great than cost of the stock
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Gold will do well when inflation hits, or fear of it...sooner.
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A good candidate for a buyout. Otherwise, I don't see it. There's been lots of hype in the past that's never materialized.
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lack of oil demand will bring done metals, inflation and recession looming
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Strong takeover candidate! Offsets major deposit in Canada!
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things take time..i've come this far by faith
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I am optimistic that these guys are, litterally, sitting on a gold mine and although they have been shakey over the last few months, (Like so many others), I believe that their potential will start to shine through more and more. With the economy still looking decidedly uncertain and everyone clamoring to buy gold RBY offers a low cost way to get your toes in the pool with the excellent potential of providing you a large wave into a big return.
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This could be the best junior miner in Canada now with a terrrific mine that should soon become a major gold producer in the Red Lake district with its Phoenix project and a number of other projects in the works. They have plenty of funding and could even be bought out by one of the big producers for a tidy sum. Either way, in a few years a lot of people are going to regret not picking up RBY in the 3-4 dollar range
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Tremendous value of gold & silver in the ground, esp. in the Canadian holdings. This will hold true even if gold prices fall back several hundred dollars/oz.
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Still like this pick alot. Seems fairly cheap given value of the assets in the ground. Might buy shares in the near future.
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The recent sell off in the stock price coupled with a potential summer rally in the gold price might trigger a take over bid from a larger miner. If this were to take place, I would guess that this has to happen soon before too many miners report another quarter of good earnings.
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gold going up
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TMFSinchiruna
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Who doesn't like gold?
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The amended 43-101 still indicates a potload of gold. Now that the cloud has lifted watch RBY go!
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Great entry price.
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From several news post that I have read I believe Rubican's deposits will be similar to its neighbor Gold Corp. If it is this will a very profitable stock in 2 to 4 years.
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