RHM 0.00% 30.5¢ richmond mining limited

few reasons why i am in RHM1.trading only for the money so no...

  1. 24 Posts.
    few reasons why i am in RHM

    1.trading only for the money so no much dowards risk,

    2.avaiable cash $3.2m, so no need of share placement atleast for couple of drilling programmes.

    3.exploration program planned for the december quater,so we r on the way,

    4.both narracotta formation and the faultline falls on their tenement(some believe N C is most prospective for meneralisation but others believe faultline is the one which has everything),doesn't matter we have the both.(ASX Release-8 October 2009)

    5.historic gold and copper mines within few km's of their target zones ,imo nearby mine factor is the one which drove the SFR's attentions towards degrussa dyor

    6.Bilyuin magnetic anomaly-possible heat source for the
    remobilisation of metals if any are present in the area.

    7.nearology and lot of room to move upside (look at TLM's CYS's PEK's market cap keep in mind drills have noteven spuded)so minimum 3 bagger from here in a month time or b4 even the drill spuds IMHO DYOR
 
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