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0.00% 0.1¢ red mountain mining limited

At the present, this is shaping up to be a narrow vain, low...

  1. norgold
    479 Posts.
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    26/02/14
    13:18
    Post #: 13052859
    At the present, this is shaping up to be a narrow vain, low tonnage mine with medium grade of Au5>8gpt.

    1.5m width is minable with the correct experteze but the margines will be slim at that grade and waste dilution will be a major factor that would have to be kept under tight control.

    Appreciation of POG will make this project more attractive, not the management or the board, they would have known what sort of mine, if any, when they pulled the first core.
    RMX Price at posting: 1.8¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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