RDM 4.55% 11.5¢ red metal limited

Best junior on the market, page-3

  1. 1,484 Posts.
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    Hear, hear!

    I wish Veritas would shake a leg and dump their shortfall shares. 1-2 more parcels and I will crack the 1m mark (finally). Wonder how many they are still holding onto? I reckon 5-6m.

    Re: TL's 50c call. Some may think this is pie in the sky stuff, however, I think he has made a conservative call. A takeover (based on Maronan as is) would see us there. BTW, the next time you speak with RR, ask him about the improving Zn grades at depth (at Maronan) and what this implies in terms of their vent core at depth theory. The Maronan/ Cannington analogy remains untested. Long-termers know how keen I am on 1-2 more deep diamond drill holes at Maronan, although the company would prefer to JV it and drill it out properly. Rob is playing the patience game perfectly.

    Lawn Hill, Lawn Hill. Oh, man! It has been dominating my thoughts of late. Am champing at the bit to see the airborne EM results, although I really should temper my excitement as thick conductive cover can inhibit the effectiveness of airborne and ground EM. Nonetheless, the survey should still help us better understand the basement structures, margins, regional faults, etc and potentially locate carbonaceous and pyritic sedimentary facies. Identifying regional faults is especially important, as almost all of the major deposits within the zinc belt lie within a few clicks of them. Have a look at Figure 1 on page 2 of their 11 Nov 2016 announcement. The untested conductive target is smack bang next to a (possible) growth fault.

    Perfect junior explorer indeed. GLTA in 2017.
 
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Last
11.5¢
Change
0.005(4.55%)
Mkt cap ! $39.56M
Open High Low Value Volume
11.0¢ 11.5¢ 11.0¢ $33.58K 304.0K

Buyers (Bids)

No. Vol. Price($)
12 1190949 11.0¢
 

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Price($) Vol. No.
11.5¢ 249058 5
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