lol. let's hope it's NOT the latter, eh. What really gets my...

lol. let's hope it's NOT the latter, eh. What really gets my hopes up and clinging to this stock is this slide from the investor presentation:



so based on the above, at $36.4m market cap, a pound of RXM's copper in the ground was worth US0.008. As of today, the market cap is $22.4m (which includes, say, $4m in cash), so that same pound is worth only [(22.4)/36.4] x 0.008 = ~US0.0054 per lb. 

Other producers' copper is worth between $0.07 to $0.40 per lb of cooper in the ground (average of US$0.13/lb).

Even if we can get the bottom of the range, our market cap should increase 12.9 times (0.7/0.0054) which gives this company a theoretical market cap of $290m ($22.4 x 12.9) or $1.01 per share ($290m/287m shares on issue).

If we can get the average of the range, the market cap should increase 24x to $539m or $1.88 per share...

OR... it could just go to $h!t and it will be worth 2.5c per @CFDRaZor hahaha :,(