Drilling maronan is a very smart move by management in the current market, gold and silver running hot and theres not much in the way of options for silver explorers. If they can expand on the resource and drill into the vent core who knows where they could go, the capital structure (kudos to management) has remained very tight all these years so any success with the drill bit and triple digits isn't out of the question.
The JV with Oz is a free kick for Red Metal so you get the added benefits of hitting something there thrown in for nothing too. You have to buy these and hold into results because the rewards far outweigh the risks.. especially off the lows here
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2 | 40360 | 0.125 |
1 | 23520 | 0.120 |
2 | 17000 | 0.115 |
1 | 50000 | 0.110 |
2 | 15500 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 49612 | 2 |
0.135 | 123414 | 3 |
0.140 | 105000 | 3 |
0.145 | 90000 | 1 |
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