RMX 0.00% 0.1¢ red mountain mining limited

Sure, the Congo has its problems pollical, child labour and...

  1. 197 Posts.
    lightbulb Created with Sketch. 10
    Sure, the Congo has its problems pollical, child labour and rebel gangs but it’s not as bad as anywhere else in Africa or let’s say the Middle East. China has been sending down their special security teams with the approval of the DRC government to clean out these rebel gangs. You will see in the next 5 years the DRC living standards dramatically improve due to their mineral lands, many of the local tribes have more power these days to get the best deal for them and their communities. Anyway, back to RMX like I said and many others on HC we will be very surprised if the grades are not high especially in the Katanga area, they would not have spent hundreds of thousands on drill holes and with today’s geology technology drones, sat imaging and earth scans, errors are very small. Yesterday many shares holders crumbed towards the end of the day and sold out, was it a smart move or just plan human nature panic involved time will tell!! But like we have seen in the years gone by even blue-chip stocks are no guarantee, look at RFG performance and business practises for their franchises up there with the Congo.
 
watchlist Created with Sketch. Add RMX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.