RMS 3.01% $1.94 ramelius resources limited

I think it is just like online gold mine shopping ......

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    I think it is just like online gold mine shopping ...
    http://www.newmont.com/operations-a...ica/farm-out-properties/overview/default.aspx

    Seems a bit of a non event announcement.  Not really committing a lot of cash compared to their existing exploration budge, but limited chance of future upside compared with the risk (I think the 30% of something really big scenario is fairly remote).  Payback likely far enough into the future to just forget this for now.

    It does confirm though that there are slim pickings around home.
 
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