RMX 25.0% 0.2¢ red mountain mining limited

rmxo , page-2

  1. 35 Posts.
    Sails, I think it is still around 6 weeks until you have to convert, so there is a good chance of two sets of drilling results in this time. They will be adding to the known resource, the better they are the more likely rmxo will be in the money. There may be an institutional investor/white knight in the wings and I think pattos have underwritten the unconverted options. So... Lots of permutations moving forward and unless you drill down a vertical gold vein the drilling will only intersect the shoots.

    If there are more results out by mid June and the SP is still where it's at now, the future cash flows projections will be very sorry looking.
 
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