Agree JP, exploratory drilling is always a bit hit and miss. They have comfirmed that the ground is mineralised so that is ther building block. The next round of drilling is the one to watch out for. Also looking forward to the granting of the new tenements.
I take comfort in the GGG taking 5m RMR shares last month in lieu of cash. They are just around the corner and would be well aware of the geology. While an imprecise guide, these are the things I look for in the opaque world of spec investing.
Some hot money has exited which happens. A hold for me for the moment.
RMR Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held