when they were at 50c, was back when they were focused on cobalt in North west Queensland / Northern Territory. Luck didn't go their way with initial drill results and the cobalt price dropping. this is what caused that price drop back then. - and unfortunately this is when I first bought in.
However now with a good focus on gold with some great prospects to drill in Alaska, and the ever evolving pricing for cobalt and copper, all we need is a bit of luck to finally swing our way and the company and shareholders will be rewarded.
Even now I think these shares are under-valued, however there has been a lot of short term interest that run as soon as the first drill hole doesn't provide gold. however DYOR. And have a watch of the RML presentations at mining conferences. lots of great information from them.
RML Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held
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