Surely the scoping study is dependent on how many ounces of gold are in the ground particular if they're going for a high grade mine? At the moment from what I've read they think they only have just over 400k ounces. They'd really want to sure it up to being around 1m+ in order to make some serious coin out of it instead of being a backyard operation. The trenching results indicate that there is a good chance this will go up but there are examples in African mines of trenching results through the roof and low grade findings from drilling (as the gold leaches up to higher ground). If the drilling results come out with strong results that sure up the resource in the ground or even increase it to that magic of ounces to 1m+ then expect 5c to 6c+ in no time.
RMX Price at posting:
2.4¢ Sentiment: None Disclosure: Not Held
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