Investor interest should spark up once a toll treatment agreement is in place.
The company has indicated that this is the first priority along with permits etc.
The current strong market for gold/silver should provide for a high margin operation.
Even a rough comparison with say recent Auric Mining toll operation provides some comfort
even when you adjust for shares on issue and perhaps toll treatment costs, the RIE operation
offers potential for a signifigant increase in share price. 0.003c/share is rock bottom.
Also, the current share capital on issue is reasonably tight with the top 10 shareholders
holding around 40% of stock. There is room imo for a further capital raise without reducing
to much the potential for signifigant capital gains once in production....
Clearly,everything has to come together with the relevant announcements but the current
investment environment is very favourable for RIE with ounces in the ground ready to go...
Cheers
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Mkt cap ! $4.447M |
Open | High | Low | Value | Volume |
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0 | 0 | 0.000 |
0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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0.002 | 11181061 | 9 |
0.003 | 7681671 | 4 |
0.004 | 10750000 | 7 |
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