RMG 0.00% 0.7¢ rmg limited

brantley derke mining application confirmation, page-16

  1. 13,178 Posts.
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    Nonsense. I believe the Copper Road JV announcement was an oversight by the company. I believe that they are working behind the scenes to do many things. The fact that we have the Japanese now investing in PKT (soon to be Adavale) and RMG has parallal tenements is all good IMHO. Holloman is using these companies to make a footprint in Australia and I believe they will bring mining engineering services to the mines they develop. IMHO, TM is out of order. If he has an issue, put in on the record or contact the company. There will always be people close to the management of companies and for us mug punter shareholders we have to research and reseach hard. That was the beauty of Brantley providing all of the connections or dots for us on this thread. My strong suspicion is that these companies will merge or rationalise once the various resources are developed. I am in for the long and after the events of the past few weeks, I think we all should be thinking longer term, not just for RMG but for all manner of stocks. Make sure you have an exit strategy etc. I believe, RMG is good buying at these levels. If I had more cash I would snap them up. Similarly, PKT is very well priced at present. The Japanese like what they see as do Crosby HK and we all know what Crosby tried to do a couple of years back - they launched a takeover bid for Marathon Resources at circ 87cents and where did the share price go - $5 plus. So Crosby see the value in PKT and they wouldnt take such a huge stake if there was nothing there. Just my HO.

    DYOR
 
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