I am sorry but Bob you really had a poor lack of judgment of the investors intelligence on this forum trying to fool people not to buy and hold long your comment about expecting GPR (Golden Plains Resources) to “launch a few hand grenades by now” is clearly designed to incite fear and uncertainty among investors by implying that a legal dispute or major conflict between Rimfire Pacific Mining and GPR could derail Rimfire’s progress. However, this is a typical tactic of downramping, where negative speculation is used without any factual basis to undermine confidence. Here’s why the reality is quite different, and why this comment actually reveals the strength of Rimfire’s position The phrase “launch a few hand grenades” is clearly intended to scare investors into thinking that GPR might take aggressive legal or disruptive action against Rimfire. However, Rimfire’s termination of the Fifield Earn-in Agreement and consideration of the Avondale Earn-in Agreement have been based on well-documented decisions, and Rimfire has shown that it is acting in its best interests with proper legal advice . There has been no evidence of GPR launching any major legal actions or “hand grenades” beyond a standard legal letter disputing the termination, which is not unusual in business dealings. These letters are procedural and not a sign of any impending doom or major conflict .The fact that Rimfire has taken steps to gain 100% control over the Fifield Project, instead of being beholden to an Earn-in Agreement, shows confidence in the value of their assets. Rather than this being a sign of problems, it demonstrates that Rimfire sees significant long-term value in holding full ownership of the project and is willing to take assertive action to ensure it reaps the full benefits . GPR’s dispute does not change Rimfire’s solid standing. In fact, GPR’s pushback may actually underscore how valuable these projects are, as they clearly don’t want to lose their stake. This could be interpreted as a strong validation of the serious potential of these resources.Rimfire is focused on advancing its exploration projects, including scandium and cobalt resources, which are essential for industries like electric vehicles, clean energy, and high-tech manufacturing. The company has substantial prospects that are aligned with long-term global demand for critical minerals, making these short-term legal disputes minor in the grander scheme of things . GPR’s involvement, or attempts to dispute the termination, does not undermine the value or potential of the resources Rimfire is working on. Instead, it highlights the strategic importance of these projects, and Rimfire’s determination to control its destiny should be seen as a positive step for investors your comment lacks any concrete evidence of imminent risk or major disruption. The mention of “hand grenades” is speculative and sensationalist, designed to shake the confidence of less-informed investors. However, investors with a clear understanding of the situation would recognize that Rimfire’s actions are based on sound legal and business strategies aimed at maximising the value of its assets . Rimfire’s decision to secure 100% control of critical assets is a strong signal of confidence
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Last
2.4¢ |
Change
0.002(9.09%) |
Mkt cap ! $60.62M |
Open | High | Low | Value | Volume |
2.2¢ | 2.6¢ | 2.2¢ | $21.69K | 928.2K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 217391 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.4¢ | 55099 | 3 |
View Market Depth
No. | Vol. | Price($) |
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1 | 217391 | 0.023 |
1 | 90100 | 0.022 |
3 | 340558 | 0.020 |
2 | 435671 | 0.019 |
2 | 310280 | 0.018 |
Price($) | Vol. | No. |
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0.024 | 55099 | 3 |
0.026 | 650000 | 2 |
0.027 | 36851 | 1 |
0.028 | 127000 | 2 |
0.029 | 49800 | 1 |
Last trade - 15.24pm 30/06/2025 (20 minute delay) ? |
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