RMR is an interesting company, but I generally agree with...

RMR is an interesting company, but I generally agree with Option's sentiment. REE volatility is probably the only thing that will drive the share price in the near term. Either that, or if Greenland removes their zero-tolerance policy for uranium.

Lets not forget that this company has 540M ordinary shares, and a MC of 10million bucks... barf.. If they are going to put together any sort of a substantial drilling program for 2011, they will need a lot more cash than they have on hand.

Last summer GGG drilled 10,000m for ~7million bucks... RMR drilled 579m for 1.3million. I realize they got hammered by a hurricane, but that is really disappointing. How much will their 4000m program cost??

IMHO, prospective buyers should wait for a placement before they jump in on this one. There is no doubt that RMR can run on either a short term change in government policy (essentially a coin toss, with worse odds), a major REE announcement from China, or with proof that they have something substantial in the ground. Not a lot of other reasons for this stock to move before July..

emsonder