RIM 18.4% 3.1¢ rimfire pacific mining limited

food for thought, page-6

  1. 1,459 Posts.
    Thanks Tibbs

    Appreciate the response.

    Lets hope they find something down there that gives the "confidence" that the market is looking for.

    I have a good feeling about it, but always try to read between the lines of all company announcements as it's about all you have to work with as an investor in the small cap end of the market.

    I'm not an expert by any means, it's not my field, but if the anomaly is mineralised then you would expect to see some strong clues in those cores.

    The IP is either mineralised or it's not. The cores may show weak mineralised strata, that's fine for the first DD holes.

    The first results may not be "exciting" but doesn't mean you have nothing of value if you've missed the "hot zone" on the first hole.

    If its the underlying feeder of the mineralisation above it, then it should be mineralised even if lower tenor.

    That's my layman's understanding of it anyway.

    Here's looking forward to a happy surprise in April.

 
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