RML’s recent acquisition of Horse Haven seems to have caused quiet a buzz, very much like TMG’s ACP acquisition. I listened to the vid from Craig L( USA CEO). He seems to be very switched on, high experienced and clear in his vision of what and how he wanted to short term road map going forward. He is also a banker by trade and seems like he has a high degree of confidence in his Geos. In my opinion, all this bodes well for RML going forward, at least till drilling starts. He also said that permits are expected this month sometime. Downside is, I am not so sure about the incumbent RML Oz leadership team. They seem to have had a few duds in the past exploration adventure. From what I have read thus far, They also have an apparent reputation of being too generous in partying themselves. Also, a significant amount of shares and options are going to hit the market today and in July. So, in my opinion, I worry that there may be a correction to CR prices or thereby, around 1.3C. At the very least, there could be voltality of SP in the immediate short term. But barring that, I am hoping it atom be on an upward trajectory, very much like TMG. What are your thoughts?
TMG Price at posting:
8.2¢ Sentiment: Buy Disclosure: Held
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