RHK red hawk mining limited

please explain, page-8

  1. 3,849 Posts.
    Fiona my reply was to Sava... and he knows why.

    If you're having success at this caper great. My suggestion was based purely on experience: you are over time better placed to trade well (which very few do) the more comprehensive your knowledge base is.

    I know virtually no successful traders who havn't spent years building that base. My suggestion was that and only that acquaint yourself with the fundamentals of IO exploration and production if you want to be successful in these IO penny dreadfuls.

    Benfor as far as eating humble pie: question remains where are the indications that FMS have a high grade or conversly VVlarge Volume resource that IS economic?

    I've yet to see anything whatsoever in what they've announced.
    10m of low grade, high impurity mineralisation 60m deep is not economic. Strip ratio's will kill this off if that is all they have

    I have an open mind do you Benfor.. or does there just have to be a huge IO mine in this... because thats what you've already decided?

    Personally I take the opposite approach: discount everything until PROVEN otherwise.


    DYOR
 
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