RDM 4.55% 11.5¢ red metal limited

Red Metal Banter, page-152

  1. 8,383 Posts.
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    Thanks mate.

    The supersize scenario isn't out of the question considering the size of the mapped host granite. Sybella Granite (PLgs) has the goods with the other granites in the area only showing very moderate mineralisation (evident in the long E-W drill fence). PLgs is roughly 2kms x 5kms and 3kms x 10kms, we know mineralisation is at minimum 100m deep, hence overall about 10Bt. Obviously, it won't all be heavily mineralised but its easy to see scale is not an issue.

    Now, do I enter at $0.09 which is cash + MMA holding for a risk free trade or wait for met?

    https://hotcopper.com.au/data/attachments/5881/5881429-cba50d697a635e6d5b7ecb45daffe3f1.jpg




 
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