I don't think I should change my sentiment to hold for the following reasons. We have results due in 3 days or so for the first 2/3 of the first hole. If it has no gold in it the price would fall, but I have a belief that they will find something eventually on their side of the fence so I would be a buyer. If the results have gold in it then I would expect the price to go higher in the short term, I might then become a hold if it was rerated significantly. But at 28m mcap I will be hanging around as a buyer possibly for 6 months or so if they keep finding good hits. Its worth a billion potentially.
RML Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
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