RED 0.00% 34.5¢ red 5 limited

The waiting game

  1. 748 Posts.
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    No shares traded on Friday. Looks like we've got a front at 4.1 cents.
    Mining policy should start to develop shortly. The MICC audit started at the beginning of March and was to take three months. So the end of May should see Cimatu starting to show his plan. IMO Cimatu will use the audit as a framework to hang his policies on. Cimatu is starting to get an indication on how Lopez has bogged down development in the mining industry, including Reds long term TSF. See link below.
    http://newsinfo.inquirer.net/897594...-up-by-lopez-order-to-centralize-ecc-issuance
    Hopefully Cimaut and Jacinto will start to unwind the crazy policies of Lopez by the end of this month.
    Then we can move forward.
 
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