RHK 2.50% 82.0¢ red hawk mining limited

fms will run, page-17

  1. 6,498 Posts.
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    slappi, I feel for those that were duped with outrageous comments like

    "going to $1"

    "RIO and FMG will have a bidding war for FMS and the Chinese and Russians will get involved"

    There were many more

    "40c by Xmas"

    The statements made here were ill informed and had no support what so ever.

    The ramping really starts with the management so i guess if you like that kind of management then enjoy.

    What I have said is that the MC is too high for the level of exploration and the current results and if you compare market caps to peers you will see just that. Go and have a look at TLM and their results and they have a market cap of less than $50m, while they had some good strikes and much lower impurity levels than FMS.

    The holders will call me a downramper, but If I have no interest in buying I have nothing to gain.

    However holders have everything to gain by ramping as we know there are many traders in this stock.

    To be honest slappi, I recall having some nice discussions with you on MNM thread. I was very surprised to see you buy into this stock.
 
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