RMX
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0.00% 0.1¢ red mountain mining limited

408000 Ă— $1100 (usd) = $ 448,800,000Cost @ $800 =...

  1. bobby1971
    791 Posts.
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    11/01/14
    13:39
    Post #: 12795922
    408000 Ă— $1100 (usd) = $ 448,800,000
    Cost @ $800 = $326,400,000
    Diff= 122, 400, 000
    Roughly 10 times market cap
    @ 5 times equals 10cents .......

    Very rough, but if resource is increased.... even better....just my justification for holding even after stellar run!

    DYOR
    RMX Price at posting: 2.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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