RMX 0.00% 0.1¢ red mountain mining limited

Ann: Quarterly Activities and Cashflow Report, page-39

  1. 3,574 Posts.
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    Other than the all important announcement on Cobalt in the DRC, there is not much to look forward to this year. If it goes ahead I do not see drilling or results happening until the end of the year or early next year.

    Failing that, the only thing I am waiting for is confirmation of a new second project arising to replace the Utah Lithium that didn't pan out. Personally, I fully expect a second opportunity to present itself this year.

    Therefore...for me...I am perfectly comfortable securing more stock at these levels and lower should it drift.

    We're in shell mode now, but with a possible windfall in the DRC PLUS plenty of cash on hand for other opportunities. Lots of upside.
 
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