For those who are searching for reasons for RMX stock decline and trying to place figure out whether to blame management, shorters, automated trading, Frank's posts, the rigged markets....
Take a look around at Rubicon's competitors! The gold price took a big hit....the whole market is still down from 2010/11 levels. It will come back. Things dont go one way forever!
Premier Gold - 6.78 Sept 2012 - $2.29 today...ouch
Lake Shore Gold - 4.29 April 2011 - 34 cents today!
San Gold - 3.50 July 2011 - 16 cents today!
Rainy River - 8$+ Jan 2012 - taken over by New Gold for $3.83
Seabridge Gold - $25 Feb 2012 - $12.34 today