RMS 1.59% $1.92 ramelius resources limited

deep drilling

  1. 75 Posts.
    I wonder if Ramelius has been following the work of another excellent company, Silver Lake Resources. Interestingly, SLR has been doing the same kind of deep drilling that Ramelius is doing now. By the way, they are situated very close to Wattle Dam on the map, so my guess is that the geology of both places is quite similar.

    What SLR has found is that in the depths where Ramelius is currently digging, there is no gold. HOWEVER, DEEPER, down to a depth of 800 meters, there is RICH, RICH GOLD! So if the results turn out negative, which they very well might, considering the depth Ramelius is reaching at this time, I think they need to dig DEEPER and then, there is a very good chance they will find the mother lode.

    If investors have any influence on the company, maybe some of the people close to management might want to impress this upon them. They absolutely should not stop the digging at this stage.
 
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