Hi Adoma,I hope you did not take my joke seriously. who cares...

Hi Adoma,

I hope you did not take my joke seriously. who cares who quoted what, making coins to keep missus happy is all that matters! :)

timing is everthing on this one

gave a big warning last Oct here on this post:

http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1284547&msgid=7234173

still many got caught in the hype while I scratched my head why anyone would buy & hold when restart of drilling was 9 months away.

Looks like good risk reward entry time is upon us again

re your question. I have taken my usual approach, maximising leverage by purchasing RMRO.

imo the large newsflow gap of last year & 1H 2011 made RMR an easy P&D target

this year tho, as i understand, there will be maiden JORC + scoping study news to come on top of drilling news.

Expect drilling to continue to Dec, maiden JORC + Scoping study end 11 or early 12.

Tho it depends on management keeeping their promises. Hopefully your "significant rise" can actually happen this year.

If she can break 4.1 this year, then it is obvious which one offers better leverage.

also found this very interesting

http://www.stocknessmonster.com/news-item?S=RMR&E=ASX&N=533820

last page has everything you need to know

"Achieve a rerating of RMR share price so that the
existing listed (RMRO) options will be ?in the money? by
March 2012"

Looks like they want the $12m & have every incentive to drive SP beyond 3c & hold