John Embry
RNC Gold Inc
RNC-T
WEAK BUY
May 26, 2005
Has been a very difficult one for him. Got involved early on and it has not worked at all well. Feels that management was less than forthright in some of the things they were saying about the operations. They are in production and are bringing a new operation into production to get their overall output up over 100,000 ounces possibly 130,000 and the stock has been beaten down.