RMR 0.00% 4.8¢ ram resources limited

plenty of opinions , page-3

  1. 1,843 Posts.
    Your information regarding Avalon Resources is incorrect and the comparison is deeply flawed. The Thor project has an indicated resource of 20.45Mt @ 17,500ppm TREO (4,025ppm HREO). RMR have only 5030ppm. Why are you misrepresenting the grades?

    Here is a link to the actual grades:

    http://www.avalonraremetals.com/projects/thor_lake/thor_lake_intro/

    Further:

    "It took me a day to research this so would be surprised if anyone could have worked out the maths in 30-60 minutes with the view that the company resource was not that significant"

    Obviously most traders and investors have formulated an expected range of results prior to the results being released. Delaying your due diligence and peer analysis until AFTER the results are out seems a recipe for punishment.

    The large sell order was legitimate. It was the unwieldy action of a large holder in response to inhomogeneous low grade LREE and Nb/Ta intersections.





 
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