Old Nosetradamus got this one right with RIM touching on 4.4 cents earlier today. By the end of the year we will be sitting between the mid-high (3.8c) and the mid-low (1.9c) ranges, IMO.
With GPR Arbitration in March 2025 being a likely condition precedent to future litigation(s) RIM remains a very unstable entity.
It has been laughable where a select few HC posters suggest a near term SP of 10-20 cents. The most ridiculous claim came from @Jockeyboy - where he referred to, "...unofficial" discussions involving the US govt, Musk and RIM" . Then suggested Elon Musk may bid RIM at $10B. RIM's MC is today $120M and will likely be more like $60M by years end.
RIM is a lame duck who will never do more with its mineral leases than it is today. They are not a real player. If you want a speculative scandium punt AUZ looks like a better horse with a MC of $18M there is more potential upside. DYOR.
RIM Price at posting:
4.7¢ Sentiment: Sell Disclosure: Not Held
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