Yes I would urge caution which is why I think this will fly if Alcoa is involved and on confirmation
IMO the speculative risk was based on 40 years in the industry, a pilot plant which run successful and a partnership for a number of years working with Alcoa.
Not some drill holes.
Lets Look at RED - Market Cap $160M - Forecast ernings per share 2012 1Cent
MHM - at Close on Friday $100M - Forecast earnings on Australian operation alone 7 Cents fully diluted.
Cheers
Yes I would urge caution which is why I think this will fly if...
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