Huge potential for RMD in this cycle, page-18

@Crom Valen - if you can run the ruler then you should know the answer to that

because silver is a notoriously fickle beast - and Maranon is 500m deep

boards are never as sharp - or at least most boards cannot be as sharp as say I am as an individual investor who can make individual small capital outlays around daily or weeky technicals to 'time my run'.

we are only just emerging from a 10 year bear market in which small companies struggled to raise any money at all without huge dilution

so they will not plan capex spend on deep drilling a Silver deposit until they actually know silver prices will support the project being seen as viable

there's a reason RDM has so few shares on issue after so long listed - the board is very penny conscious - which shows experience - because every driller with grey hairs know its all cyclical

Silver hasnt even proven it can sustainably break and hold above $us30 yet

as an individual investor Im certain it will happen. and am positioned into RDM accordingly

But a board cant allocate scarce funds like that until it actually occurs. They will not punt - like an individual investors. Some do actually - but RDM is still standing with a good track record of making every dollar count because they dont punt

so they chase near surface very reliably demanded metals. copper is typically a favourite - there are always funds whole give you value if you find near surface copper

As i said the other day - RDM has too many projects.

But I think they realise that its smarter to keep all the projects and then farm them out for %s as overall commodity cycle re-inflates - than sell a few so they can focus on Maranon for eg

true - they arent as sharp as Tony McClure. Tony is in a league of his own in understanding both mining and the metal market and timing expenditure accordingly

but SVL dont really play the value by drill discovery game that RDM specialises in

But like I also said the other day - when market starts thinking US30silver price isnt a maybe - but actually becomes the technical bedrock bottom for silver - money will come for Maranon

when the ceo and board see that shift - I think you'll find prioritisation decisions shift

ultimately I expect theyll want to SP to inflate substantially - do a modest CR - then run another few deep DD holes