RMR ram resources limited

That's fantastic mate. So you hold a stock you have absolutely...

  1. 1,380 Posts.
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    That's fantastic mate. So you hold a stock you have absolutely no confidence in. Great investment strategy. I crawled out of the nickel bearing Ruins dolerite we are drilling through at the moment.

    How can you say that this is a duster. Most posts on here argue their case. Can I prove that the rock is nickel bearing, No. Can I prove its barren pyrrhotite, graphite something else undesirable. No I cant.

    What I can do is look at all the variables, assign them a probability and in combination with the entry costs argue whether there is an investment case here or not.

    The bottom line is as I have stated before there are many holders on here bitter and eager to get out. How else can a stock which has more comprehensive targets than the majority of its peers be valued at 4 million whilst drilling.

    Simply there is practically no confidence amongst old holders and little in the market in general.

    You may be right. This may be a duster but at this stage there is no way of knowing.
    Last edited by Crimsoncarp: 04/05/16
 
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