Subject re: gets high grade gold at waidamudamu Stock Code RBM - REDBANK MINES LIMITED Posted 29/09/06 21:06 Posted by wwhl IP 60.227.xxx.xxx Hotcopper Radio RBM on BoardRoom Radio Post #1279410 - 50 reads In Reply to msg #1278487
I agree with you macrae12.
High grade gold results this week with the possiblility of more coming.
Possibly good and improving copper production results next week or shortly
Drilling program to commence shortly at Redbank for more copper.
In my opinion, this stock has to be one of the most undervalued on the ASX.
I think that very few people are actually watching it.
Should easily be over 30c once production levels reach 30 tonnes a month. Blue sky after that if they can produce over 50 tonnes a month, then up to 100 tonnes a month. (as stated by the company)
Only resistance is at 15c ATM
Current market cap is only approx $6,600,000.
I'm also glad T4P is back and appreciate the huge effort that goes into all his analysis and the fact that he is kind enough to place on HC for all to see.
I hold rbm Always seek professional investment advice before investing & please read below.
RBM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
