RHK red hawk mining limited

please explain, page-22

  1. 1,739 Posts.
    "Kwaidan ... only a fool would put forward the hypothisis that this resource once proved up will not be mined ... "

    What makes you think that a 10metre thick layer of iron 50metres down is economic to mine?

    Only a fool would think that all resources are economic to mine. Just look at SGW, PAS, MRE, to name but a few.

    FMS need the assay results from the lab to confirm the thicknesses. You'd be looking for 57% Fe grades in particular. Visuals are great, but has the company said anything about turnaround times?

    As an investment - FMS has many questions left unanswered.
    As a trade - FMS has been providing fun to hundreds of people for months.

    Joel

    My sentiment: It's your money - do what you want with it. Trade, invest, gamble, give it away to charity, or stage the most expensive fireworks display in your suburb.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.