A rise to **10-15 cents** for Rimfire Pacific Mining’s share price after the **October 16th ruling** is not only possible but grounded in solid facts based on the company’s recent exploration results and the potential outcome of the court case.
Let’s break down why this is achievable:The **Bald Hill Cobalt-Copper Project** has delivered **high-grade cobalt and copper results**, with key intercepts including **29 meters at 0.12% cobalt** and **18 meters at 0.16% cobalt and 0.16% copper**, plus a higher-grade interval of **5 meters at 0.21% cobalt and 0.23% copper**.
These results are highly significant because they confirm the presence of valuable, in-demand critical minerals needed for **electric vehicle batteries** and **renewable energy infrastructure**. The growing demand for both cobalt and copper, coupled with the clear potential for resource expansion as more results come in, sets Rimfire up for a potential major revaluation by the market.
These are minerals that are driving the **clean energy transition**, and Rimfire is strategically positioned to supply them.Additionally, the **Murga North Scandium Project** has proven to be a significant asset. Rimfire’s maiden JORC Mineral Resource at Murga North is **21 million tonnes** at **125 ppm scandium**, with **90% recovery rates** confirmed in laboratory tests.
This positions Rimfire as a player in the scandium market, which is increasingly important for **aerospace** and **automotive applications** where lightweight alloys are in high demand. The scandium market is growing, and Rimfire’s ability to supply scandium efficiently gives the company a competitive advantage.The **October 16th court ruling** is a pivotal moment.
If the ruling is in Rimfire’s favor, it will remove any lingering legal uncertainty, likely triggering a surge in **investor confidence** and potential **new capital inflows**. With the legal overhang lifted, the market will be able to fully focus on the company's strong exploration results and the significant value of its diversified mineral portfolio.
This legal clarity could very well act as the catalyst needed to push the share price to the **10-15 cent range**.In summary, Rimfire’s **high-grade cobalt, copper, and scandium resources**, combined with the potential positive outcome of the court ruling, provide a strong foundation for the share price to hit **10-15 cents** post-October 16.
The combination of growing demand for these critical minerals and a favorable legal outcome makes this scenario not just possible, but likely. Don’t forget to DYOR
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10 | 954925 | 0.010 |
4 | 4499556 | 0.009 |
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