RMX 0.00% 0.1¢ red mountain mining limited

rmx on 13rd feb 2014, page-114

  1. 12,115 Posts.
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    A fact...

    Although I hate the fact that they have raised more funds and dilute the company more than required because they would have issued these 100m shares at a far better price later..... And I have searched hell a lot of gold companies lately with already a portfolio which was converted into gold when gold hit lows of 1200....

    The point is.... I am still unable to find anything better than rmx even the bigger players do not have better results than rmx and their gold recoveries are lower than 97%... Their gold is really lower in grades and they have to dig down to get it... The news flow is going to be a key here with gold prices on the up and few would believe it will go up...

    I have decided to hold my rmx, rmxo, and rmxoa which are in a substantial amount.

    All the best guys

    Cheers
 
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