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4,681 Posts.
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12/10/07
14:08
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this_is_it,
Not $1 in short term...BUT....if Mt Carbine proceeds..and mining is within 6 months then a market cap of $80 - 90 mill is not out of the realm.
Hence 20c - 30c medium term is a realistic target.
Ofcourse, if a monster drill results come from Whumbal or Northcote.....then you can write your own cheque.
That's the beauty....RAU has many irons in the fire - excellent leverage for a spec stock.