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2.50% 82.0¢ red hawk mining limited

friday, page-20

  1. OscarA
    983 Posts.
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    11/07/08
    12:27
    Post #: 3979240
    I can help there I think.

    They have a confirmed resource of 40mt which they are confident will be increased to around 180mt.
    They also plan to start shipping ore around October this year and plan to move 1mt in 2009, 3mt in 2010 and 12mt by 2012.
    These figures could be off but I'm sure that's what was in the ML report a few months back.

    If FMS can prove a resource over 300mt it's going to attract a lot of attention if it hasn't already.
    FMS Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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