MGX 5.08% 28.0¢ mount gibson iron limited

whats goin' on, page-13

  1. 1,451 Posts.
    MGX holders, it may be worth having a look at RMC for the following reason-

    Union Park Company Ltd forms a joint venture with Rim Capital (RMC) to import railway materials.

    Mount Gibson Iron Limited purchases 34 new 49 tonne capacity rail wagons from Union Park Company Ltd.

    Me thinks RMC is involved in the recent rail wagon purchase by MGX, in which case there would be serious dollars involved. RMC is only capitalized at $4 million so if my suspicions are correct, we could have a tenbagger here!

    thoughts?
 
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