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0.1¢ red mountain mining limited

Definantly agree :) great time to buy in.

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sreale

50 Posts.

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23/02/15

16:49

Post #: 14803459
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Originally posted by Lincoln Burrows ↑

Come on guys

3 million market cap! The damn market values this at a measerly $3 Million! Cheap cheap

But...as I always say, if JD can pull off the environment and declaration of mining approval from the Phillipines Government then we are seriously set for good.

It's a super tough ask though because in the Phillipines (+rest of Asia) it's seriously who you know, not how competent you are. Trust me, I've dealt with enough overcompetent and eager folks in Asia to know this is certainly the case.

The lack of buying in the past 3-6 months strongly suggests the market doesn't believe the project will ever get the government approval to production. And I personally think that is the main reason, not because of management.

End of the day, worth a punt when the company is trading at circa $3 million

Above IMO

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Definantly agree great time to buy in.

RMX Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
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