RMX 0.00% 0.1¢ red mountain mining limited

Ann: Company Update, page-212

  1. 221 Posts.
    The took on the project with the information provided by the local geo and his experience in the area. On the basis of the information at hand it was probably worth the risk to test what was there and that's probably why they went with the earn in agreement first.

    A lot of companies would have purchased the project first, then drilled with the same result, and the job of management is to look at projects and market that project to attract capital. If the lithium results were positive they would have had the interest there ready to develop the project.
 
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