RBM redbank mines limited

Whatever is happening to this stock we must trust that...

  1. 97 Posts.
    Whatever is happening to this stock we must trust that eventually the weight of good news will win out in the end.

    If we give up and go onto another stock or even leave the market totally then they (if they exist and this is actually happening) win. Then when RBM hits a big deep hole then we all jump back on board at the high and then loose again.

    I can only speak for myself but I am staying in.

    This stock needs some institutional support from the likes of Lion Selection Group etc. They invest in small to medium resource stocks such as Havilah and Indophil just to name a few.

    I think they own about 16-19% of HAV.

    Maybe I will suggest this to Gino next time I speak to him. Lion Selection may know about RBM, but then again because there are so many out there then it may not have come on their radar screen as yet.

    RBM need this type of support but what would help this along are the 2 DD holes RB07 - 8 and PB07 - 28 that will hopefully be reported soon.

    From what I understand these are 2 of the holes that will hopefully show mineralisation at depth. If it is continuous sulphides then the whole picture could change from a smallish breccia pipe operation to a much larger one including a large orebody.

    The announcements of the 27/4 and 15/5 indicate that mineralisation was observed in the drill cores, so it is there, it is just a matter of grade and continuity.

    The next few weeks will be very interesting.

    Flipper
 
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Currently unlisted public company.

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