RMX 0.00% 0.1¢ red mountain mining limited

Ann: Trading Halt, page-122

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  1. 34,916 Posts.
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    Positive drill results or a great acquisition in isolation should get us to 10c..

    I don't think so. Not unless the new acquisition has a short-term payback. There's A LOT of drilling still to do to make any sense of any initial positive drilling results. If they were a little more advanced then yeah $50mill+ would possibly be a shoe in. But let's wait to see what this acquisition brings us. Could change the whole equation.
 
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