Yes I have been gently nudging back into RES.
I think that a market cap of approx. $26M, access to water in the waterburg, access to transport in the waterburg, access to a (once) proven management team and a pending resource upgrade (IMO), there is COMPELLING value in this stock.
The really big money in the resources game is to buy a junior which has substance.
I remember buying a lot of shares in Jubilee Mines at 10c or so in 1995 when everyone told me Voisey Bay was going to take care of the world's nickel suppy when it came on stream in Canada.
I didnt listen to them then.
JBM had then what every junior needs - a large resource, great head grade and a decent management team.
Took a few years for me but I sold at $23 a share.
Cheers all Resonators and a big Hi to Jimmy KK!!!
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