RMX 10.0% 1.1¢ red mountain mining limited

Ann: Mukabe-Kasari Cobalt-Copper Project Update, page-44

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  1. 34,916 Posts.
    lightbulb Created with Sketch. 480
    Extension of the DD timeframe leads me to believe they didn't acquire a cobalt project simply for a 'pump' like many others have and are actually serious about making sure it's worth the money.

    Exactly. I guess some weren't around for the RMX of old. It was all about the pump of their rather average gold tenements. Announcements like (click on em if you like):

    Large new high-grade gold-silver target at Lobo
    Overwhelming local community support for Batangas
    Exceptional surface gold results present new drill targets
    Exceptional new gold results define drilling target at Lobo
    Red Mountain discovers new high grade lode at Batangas
    New very high grade gold results enhance early mining target

    Every damn announcement was surrounded with superlative wording and capital raising after capital raising. It is so refreshing with this new management to see them actually giving a damn about what they're doing and not just here to line their pockets with cash. I'll live with delays if they end up making the right decisions for their shareholders.
    Last edited by makattack: 24/05/17
 
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