I personally think RR1 is going ok for a junior explorer. If you...

I personally think RR1 is going ok for a junior explorer. If you look at the MCs below taking out FMG as they have their wealth from elsewhere and halving DLI as half their wealth is from IDA the other Gascoyne stocks and RR1 included at $12m MC atm is about right. All it will take is a positive drill result and it will climb up in line with other successful drill positive companies.

Outside of the below, look at RDN who are over $100m MC atm and they haven't even drilled anything yet and are looking at starting in a few weeks (high MC based on nearology and market in that area). So in some respects many Gascoyne guys might be seen as undervalued IMO.

DLI certainly pumped up their stock with marketing, twitter (DF Days) and so on and as you said ours also did that right up til the bad results which rightly shocked everyone. Having meetings with HC posters, conference of the south west etc all saying such positive stuff and then bad news. So we can only IMO look at our neighbours, the market and hope that they can turn it around with good Phase 2 drilling and get back to finishing that phase of drilling. I feel your frustration mate as do many I reckon, hoping the results come back very positive and you (we) can be back in the winners circle.

		$
1	AUG	8.3M
2	BUS	5.3M
3	DAL	1.82M
4	DLI	319M
5	DRE	100M
6	FMG	90B
7	HAS	95M
8	KFM	8.86M
9	LNR	14.83M
10	MI6	73M
11	ODE	7.5M
12	VSR	9.6M
13	ZEU	4.5M