RBM redbank mines limited

It is hard short term and particularly as most people look at it...

  1. 97 Posts.
    It is hard short term and particularly as most people look at it daily.

    The value will come out. If it is as good as I and others are saying then the will of the overall market will prevail, ie. you can't have a 50 mill plus resource at 1.5% Cu in "Australia" and have an $18 mill market cap.

    This is very early days now. We all must cast our minds ahead 2 years and think where the resource will be and thus the likely share price.

    This is why I am so confident of $1 plus.

    Whether it can make $1 by May 2008 is hard to say, it may need till the end of calender 2008 to get there, but if it did hit $1 by May 2008 it is a 7 bagger for the main shares and an 18 bagger for the options.

    Something to think about.

    Flipper

 
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