Borg Geoscience Joins RMX Lithium

I think it's time for a new thread.

Last thread was started by the biggest ramper I've seen on HC in a long time.

So here's a new thread.

Some of the Key Factors for RMX are:

Borg GeoScience are on board. (Reference: ASX Announcement: 23 November 2016)

Many are aware Borg doesn't just take on any project, so there must be something really good in Red Valley.  

Borg have been appointed to help analyse their Red Valley lithium project in Utah as well as help analyse more potential acquisitions in Lithium or Cobalt.

RMX have stated if results are good they will look to acquire more land tenements around their current lithium project which is already significant in it's land size of 15,000 acres.

Sampling completed by our JV partner Bill Feyerabend have shown our land to be geologically analogous to Clayton Valley, which is worth $8.5B.
Recently re-highlighted by another poster here: https://hotcopper.com.au/posts/21089459/single

Red Valley is said to potentially rival the Clayton Valley project and is meant to be older with potentially higher grades. Some nice research here from another poster: https://hotcopper.com.au/posts/21096296/single

Add to all of that the following factors:

$10m Market Cap - Undervalued for the Potential.
$2m+ Cash - Company stated fully funded for drilling.
345m Shares on issue

Gold assets sold off to focus purely on Lithium.

3rd November 2016 Company stated Drilling to start in 6 - 10 weeks; Now 5 weeks into that, so not long to go.

Potential for highly good results; means the Market Cap will be multiples of current $10m


New thread leading up to drilling, let's get some decent discussion going.

Cheers.