relative valuation vs rmp, page-3

Smart is highly biased in his views.

RMP at around one tenth the market cap of RRS can afford (if it wanted to) to raise $15 million at the cost of 50 million shares to end up with 200 million shares. They'd still have one eigth the MC of RRS and have lots of cash on hand to do with as they pleased.

Most likely they'll issue those shares on the AIM listing and use the funds to increase the company's range of projects just as Range did.

Both stocks are high risk an no one should have more than 30% of their investment in either one.

As to the earlier question, Range is probably correctly priced and RMP significantly underpriced assuming positive Georgia results. If both Georgai and Puntland fail, RMP is tremendously overpriced with the expectation of a fall to less than a dime and RRS is also going to fall back to 10 to 15 cents.

If you believe in failure you should be out of both.

The way you choose to invest depends on your risk tolerance.

I'm into RMP with around 15% of my investment dollars, still a signficant number, especially if we hit my target of $4.00