RHK 6.96% 73.5¢ red hawk mining limited

Hi RowanI'm no expert on mining and please don't take this as...

  1. 142 Posts.
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    Hi Rowan
    I'm no expert on mining and please don't take this as advise but from what I understand after the drilling is the lab results, the report compiled and the double checking of figures. From memory some here have mentioned 3 months to complete a jorc, including the drilling phase. Once the jorc is finished or signs are pointing to a good jorc with assay results coming in at higher then expected levels of IO quantity and quality you will see the sp move dramtically. FMG went through the same thing, getting to over a dollar from memory when the jorc was looking promising. The thing that made it rocket was that the chinese were interested in investing at the time. Without some outside player getting involved I can;t see FMS getting anywhere near FMG but will certainly have an improved sp if the IO is proven to be there.

    Cheers
    CD
 
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