RHK 0.63% 80.5¢ red hawk mining limited

t/o, page-18

  1. 1,459 Posts.
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    I am still suprised that this company has a market value of AUD 50 mln.
    Ok they have some money in the bank but we know they will blow that in less then 1 year.
    Somehow the bottom has been esthablized around these levels, and people betting on 2 outcomes, or acces to rail or a takeover. I do not believe this management is capable to realize a deal which would get us on a railtrack. the only thing they can manage is more drilling. So let's hope TODD can give us access, or a takeover at 5 cents, everybody happy.
 
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