I think long term it's OK, as long as Copper doesn't go down too much. The previous crew couldn't make a go of it. It was a seriously bad placing for existing holders.
No need to sell out, just bear in mind what may happen, Maybe it will not get to 1p, 2p, 5p as soon as some say. Don't forget, they, like all of us have our own interests at heart.
There's going to be an orderly exit of billions of shares over the next year or so. This is bound to suppress the share price. The placees @ 0.2p will be happy to sell at around 100% profit. IMO.
Not reassuring!!! They're losing some of their gold. (March 2010) Under the terms of the agreement Sandstorm Resources will make staged upfront cash payments for the gold to Rambler totalling US$20M. The ‘First Deposit’ of US$5M is available to Rambler immediately. The ‘Second Deposit’ of US$2M is available to Rambler upon completion and delivery to Sandstorm Resources of a satisfactory NI43-101 Feasibility Study, which Rambler anticipates completing in 2Q 2010. The ‘Third Deposit’ of US$13M is available to Rambler upon award of all necessary permits for the Ming Mine anticipated in 3Q 2010. In return, Sandstorm Resources will be entitled to 25% of the first 175,000 ounces of payable gold and thereafter 12% of all payable gold produced from the Ming Mine. The initial term of the agreement is for 40 years and is renewable thereafter by Sandstorm for successive 10 year periods.