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mrkinginc

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07/12/16

11:57

Post #: 21164045
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Originally posted by TheArchitect ↑

If we go by the presentation on the 3rd November 2016 noting the 6 - 10 week drilling to start time frame then we are now in the 5th week of that time frame.

There's no reason for that to be doubted, the speeding ticket only referred to this presentation date, it wasn't an update of information and it's not likely the company will come with another announcement countdown just to appease some shareholders or spruik the stock up.

So on that basis we are then I expect drilling to start in early January the latest, could start in the next few weeks, never know but the 10 week time frame takes thins to early January, which is still another 5-6 weeks away.

I bought RMX at 1c early November, few weeks later it exploded and took 6 weeks to go from 1c to 4.8c and now consolidating.

Happy to wait another 6 weeks for this to at least double again and then wait for the drilling results which could re-rate RMX quite substantially. If other lesser quality, poor results, high risk area stocks can hit $100m MC then RMX on average results can still hit $50m MC at the very least, but that's after results not Pre-Drilling.

Pre-Drilling I maintain 6c is a good value to kick things off as it gets closer to or starts drilling, also depending how long the drilling will take to get results out.

Multi-bags are made from buying in these sort of moments.

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Thank you Architect for all your wonderfully informative (and sometimes exposing) posts!

RMX Price at posting: 3.4¢ Sentiment: Hold Disclosure: Held
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Thank you Architect for all your wonderfully informative (and...

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

Patagonia looks to raise $2.15M for South American exploration and development

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Thank you Architect for all your wonderfully informative (and...

Top Stories

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

Patagonia looks to raise $2.15M for South American exploration and development

Featured News

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