RMR recently raised funds for Drilling ...DONE !! Now they are...

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gonegassed

13,783 Posts.

11/07/14

14:06

Post #: 13646198
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Originally posted by hardmano ↑

gassin

That's a bit of a stretch to claim its severely undervalued simply on neurology!! This is a TINY company that has done a bit of exploration and now its drilled a few air core holes on prospects. It has $336k in the bank and that was at the end of the March quarter and since then they have been drilling .. so close to zero left I would think! TPT will no doubt hope to hold out until the month's end before raising funds at hopefully a MUCH higher price on success as the dilution would be huge if done now. If the drilling fails to inspire are they going to be able to raise funds?

I'm in for a gamble and nothing more ... thoughts on valuations are very premature I reckon.

We would all love it to do a SYR or a SIR but there are zero guarantees on neurology.

H

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RMR recently raised funds for Drilling ...DONE !!

Now they are Drilling 20ks from NOVA .. its ongoing ..until RESULTS released .

If we hit RICH copper/Nickle near NOVA .. then another CR is ok with me

RMR Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
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RMR recently raised funds for Drilling ...DONE !! Now they are...

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