RMR ram resources limited

drilling results anytime soon, page-2

  1. 123 Posts.
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    On the dark side, don't be surprised if it will go down to 0.004, although I must admit it will be too cruel if it does.

    From the look of things, it will take 2 or more years before RMR can do anything in Greenland apart from digging some holes and hopefully showing the REEs reserve found is at least half as much as that found by GGG. A lot can change with REEs in two years.

    In any case what will RMR do in these two years? Dilute their company shares further with more fund raising just to stay afloat? It's hitting near the 1 billion mark at the moment. I hope they won't take the easy way out by share consolidation where shareholders suddenly find out their 1,000,000 shares they have, will become just 10,000. Someone feel like throwing up yet?

    On the morning bright side.. if tomorrow Greenland govt say hey aussie, ok to mine, then mine oh mine... 5c SP :-) and with JORC out, 20c. Of course GGG in this case will be back to the $1 mark SP.

    So.... My my my Delilah
    Why why why Delilah
    I could see, that girl was no good for me
    But I was lost like a slave that no man could free
    Tom Jones, anyone?
    http://www.youtube.com/watch?v=sI5LWwC-cE8&feature=player_embedded
 
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