VIC
announcement today triggered a very strong share price rise, despite the project being bought at such a large price
From its acquisition map above
JRV - circa $80m
PGM - circa $60m
AUZ - circa $300m
CLQ - circa $750m
the thumbnail picture above in the legend has ''others'' for all the southern Fifield ground shaded in grey. I believe most of that ground is owned by RIM, Capped at under $30m, with probably the most significant land holding in the immediate ''CLQ zone''
RIM has slightly performed in the past month, although for some reason it never moves like its neighbours, as its drill focus has been in the past on silver/gold as opposed to nickel/cobalt/scandium.
Regardless, landholding is landholding, and its hard for me to argue how undervalued it is relative to its peers that have been flying the past couple of months, and despite me trying to buy it and sit on it as a long term investment in the past, I think this time round it bodes well as a a potential short term trade, I took a little bit today.
