RDM 3.85% 12.5¢ red metal limited

rdm predictions (just for fun) for today., page-61

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    Average is a hard thing to quantify.

    MRN12008B results are 10.6m @ 5.6% Lead, 208 g/t Silver Hosted in 50m thick iron sulphides. If you compare this to the average hole which hits by a similar sized company you could say this is above average. If it hits a similar result, I would expect us to get to around the 55-60c mark.

    If on the other hand, it gets thicker and a higher propotion of silver, something like 20m @ 5% lead, 300g Silver, we should move upwards of $1.50.

    If on the other hand, all our dreams come true and we hit something like 50m, 3% lead and 630g/t Silver the skies the limit $2-3 for starters. If they then follow this up with multiple hits of similar grade we could move easily north of $8.

    All IMHO and without taking into account anything but blind speculation and hope.
 
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