RMX 0.00% 0.1¢ red mountain mining limited

opening price afer announcement , page-17

  1. 1,315 Posts.
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    To go into a trading halt over the release of the scoping studying should really mean either one of the following:

    1. Its exceptionally good.
    2. Its exceptionally poor.

    I know that stating the bleeding obvious....

    But quite frankly they wouldn't go into TH for average/expected results in the scoping study... Given the info already out there and readily available people could do general maths etc (as was done on this forum a couple of months ago) and get ball park production figures and costings etc taking into account current jorc resource and a bit extra from their short term exploration. Also considering costings of gold mining companies in the same region, the shallow nature of the found gold and their access to existing infrastructure. Anyway... good luck to all holders. Friday will certainly be interesting.
 
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