Death by dilution, page-15

G P ,that article I posted on CHN FORUM, went deep about the potential for Red5 to become a NST type of entity.They are a multi asset miner. Athough their AISC floats between $1500 and $1600 hundred AUSSIE,I believe they offer exponential S P growth
given their current S P and at $3000 .00 Aussie gold ,I believe they should triple in price.
Should they merge with BLG , than they could easily become a solid mid cap .The great thing about BLG is that their is quite substantial infrastructure from previous mine and it would only cost around $50million to start producing ore.
100 km road trip to Reds mill could see AISC drop bellow $1000.00 AISC .
All in all I'M taking a large punt on RED5 given its so cheap for a well established miner for 3 reasons. 1 rising gold price 2 possibility of merger with BLG and 3 their are explorers in Victoria 10 times Reds price with out pouring an ounce.
If merged with BGL It could be as good a partnership as GOLD ROAD & GOLD FIELDS ,where GOR IS the explorer and GOLD FIELDS produces the gold.
This could easily become multi megaounce partnership given BGLs discovery so far.
I will have a good stake in Red by MONDAY NIGHT.
CHEERS