RIM
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3.23% 3.0¢ rimfire pacific mining limited

An ostrich with their head in the sand approach is foolhardy....

  1. givebobajob
    337 Posts.
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    03/05/24
    07:49
    Post #: 73642140
    An ostrich with their head in the sand approach is foolhardy.

    The perceived reputational damage that RIM suffers by aligning it's core strategies with a convicted fraudster is, IMHO, significant. It is difficult to attract bonafide capital with such a stigma at the top.

    The Board appear to have no plan B. Yet, a court judgment in favour of the plaintiff will have ramifications for RIM.

    I sincerely hope the SHs are not victims in this whole grubby saga.


    RIM Price at posting: 2.9¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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