I was thinking of putting some capital to work in NT base metal explorers, given the obvious potential of the region and increasing copper resource nationalism (i.e. Peru, Chile).
I currently have a small position in Redbank. I was thinking about adding more to the position due to the very reasonable market cap.
However, I've also been looking into Greenvale Mining (ASX: GRV), which has been on an absolute tear this year due to, from my understanding, the potential of their copper project.
Any holders of both? From what I understand, Redbank has a smaller tenement package, but has defined their resource more extensively.
Which has more upside? More risk? I am leaning towards Redbank right now on the basis of valuation.
I would love to hear all of your thoughts.
<3
RCP Price at posting:
9.5¢ Sentiment: None Disclosure: Held
