rmg and 60 minutes thankyou, page-42

Scmickometer

I said at the time Paschal prediction was rubbish, chart predictions generally are especially medium to long term predictions.

My exit price was always 12c at best but would have taken 8c. My point about your $1.00 prediction is you get a bit carried away with RMG.

Just for example take a look at TMR. Huge copper and gold resource (proven), mining copper already and top notch management. Trading at 9.7c

WMT, huge U resource, copper resource, nice new Nickel acquisition and $29m cash in hand, trading at 8.4c

BLR massive U resource, $16m cash in hand. 6.7c

Right now RMG have no proven resource, in 12 months time they'd be lucky to be anywhere near companies like TMR, BLR and WMT are now. They'd certainly have to raise capital to grow to that size and these companies had the advantage of raising capital their in a bull market, RMG don't have that luxury which means the SP will be hurt bad if they raise capital under current market conditions but they'll need to if they want to grow and catch up to companies like TMR, WMT, and BLR over th next 12 months. They're damned if they do and damned if they don't.

Yet all these companies are trading under 10c with proven resource base and cash in hand with top notch management.

All i'm saying is that puts RMG in perspective.