Ann: Maronan Silver-Lead Project Assay Results fr, page-20

re: Ann: Maronan Silver-Lead Project Assay Re... I would rather RDM not hit the jackpot till later this year shaking out the weaker players. Once the metals start taking off the share price will rocket (assuming we hit pay dirt). Currently if it dips below 10c i'll be topping up.
Call it irrational punting, or just punting I don't know.

At the moment, judging by what our local market and the international market is doing there is an apatite for risk in all the wrong areas. By that I mean bonds/fixed income (internationally) and here in bank stocks. In my opinion there seems to be a massive disconnect between the inherent risk of expected/implied forward earnings based of straightforward metrics of P/Es etc. when looking for "safety" of bank shares in Australia when the RBA chart pack is showing (as is the rest of the world) that credit growth is collapsing. I do not understand how/why punters want to bid up fixed income when earnings, as far as I can ascertain, will begin to dry up in the next few years.
I guess they fear deflation as opposed to inflation, or would rather see (dismal) return on capital as opposed to outright destruction of capital....

Still optimistic about the metals.... Santa did deliver, just not in the way people had hoped in my opinion.

Good luck RDMers.