How are they going to raise capital, private investors won't touch anything without a proven resource and even then they don't seem to be interested unless it's an amazing grade and extremely cheap to dig up, with commodity prices all over the place it's just to risky.
And lets not forget there's no capital floating around anymore (beside the chinese). Impossible to get a loan and the big resource companies seem to be putting mines and assets into care not buying up juniors.
On market share issue is a lost cause, who's going to buy ?
It's down to one thing now, they have to get lucky and find an AMAZING resource on $1.9m within the next 2 years. Now when you look back at the last 2 years of activity (or lack there of) you're taking a big risk.
In this market it becomes an outright gamble, when a lot of us first bought RMG there was a lot more potential than there is now, that's why i bailed sometime ago, i could see the door of opportunity slowly shutting.
There's not much there now, but don't listen to me i've made some mistakes of my own recently.
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