RMS 1.75% $2.32 ramelius resources limited

how much gold

  1. 5,851 Posts.
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    In one of Joe's radio broadcasts he says that RMS have "lots and lots of gold" he then mentions that Wattle Dam was to have been a short term operation and then mentions "enough gold to last SEVERAL years"

    Several ----> being more than two but not many.

    This is only a guess on my part, but as excited as Joe was in the broadcasts, I can't help but feel that he was being conservative.

    My estimate is that RMS will remain at Wattle Dam and surrounds for 7 -10 years. What that equates to in gold
    is anyone's guess and if most of it is high grade all the better.

    It is almost a month since the stunning high grade gold results were released on 4th May and Joe mentions in the broadcast that we will not get any more results for another four weeks and then says it could be upto six weeks.
    Good luck to all firm holders even if we have to sweat it out for another fortnight.
 
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