RHK 0.00% 69.0¢ red hawk mining limited

outstanding results, page-83

  1. 1,377 Posts.
    Hello Smith2,

    Note your comments re 56%. Seems you may not have been aware that 56 % has been the target grade from the time Dr Russell did his estimate. So whenever drilling confirms his target grade it pleases me and the fact that the quantity is so far greater than the target estimate is even more pleasing. Also you mention FMG grade as if that is a negative whereas I look on it as a positive. There is a likelyhood that FMG will have the greatest interest in FMS given the relationship between the two. Remember FMS has the rights to any potential diamond discoveries throughout the FMG tenements so there is an ongoing link with the company that could well result in a deal being done for the io on tenement47/882 and the ex caz tenement. Except this time FMG will have to pay at least on the in ground value of the io and not the capped royalty they will be paying for the other io tenement they obtained from FMS.

    Cheers
    Sav
 
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