RIM rimfire pacific mining limited

I am mostly focusing on the injunction order, not the final...

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    I am mostly focusing on the injunction order, not the final outcome. I am looking forward to a ruling against the injunction as rerating the price back up towards 10c by the end of October, but even if the ruling goes the other way then the price has already been hammered. Can't imagine there being much downside in that instance due to the quality of the resource and results we have received so far, but it would be nice to see this end the month at the highs rather than at 3-4c which is why I am hoping 16 October goes well.

    As I have written above though, I think RIM would need pretty bad lawyers not to be able to get an outcome in their favour with respect to the injunction. Even with weak evidence (RIM seems to have a very strong case though), it should be easy to prove to any judge that RIM would be negatively impacted as a business by an injunction (the recent share price performance is fairly clear proof of that), whereas GPR would not be impacted in any way that could not be rectified with a financial payment. I think RIM is in a very strong position really, and that GPR are likely sweating knowing they are about to lose their stake in this once in a lifetime asset.
 
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