RMX 0.00% 0.1¢ red mountain mining limited

Ann: Exploration to commence at Mukabe-Kasari, page-223

  1. 34,916 Posts.
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    RMX may be looking at a new Gold project in the DRC.

    I don't want to rain on anyone's parade but they said they were looking for new gold projects in a quarterly nearly 2 years ago and pretty much ever since in quarterlies and investor presentations. Personally I'd prefer that, at it's current marketcap, that they concentrate on what they have and proving it up to a level with the current cash they have, that will give it a significantly higher marketcap before investing in new grounds requiring further capital investment.
 
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