RHK 0.00% 78.0¢ red hawk mining limited

"Has just announced a name change from Flinders Diamonds after...

  1. 18,601 Posts.
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    "Has just announced a name change from Flinders Diamonds after discovering an iron ore deposit in the Pilbara near Fortescue. I wasn’t a believer until recently, but the recent rally suggests that it definitely has a resource. Expect the stock to move higher as the resource is confirmed."

    so what he's saying is, because the price is going up they must have something, even though they haven't drilled?
 
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