RCH richfield group limited

the 3 second highest grade deposits in west

  1. zzzzz1
    1,057 Posts.
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    05/03/08
    21:08
    Post #: 3432827

    RCH (ASX)
    Toli Toli Indonesia
    Grade 0.12%MO
    Tonnes 100Mt (More likely 200Mt)
    Market Cap $90M (fully diluted)

    Rocca Mines (Canadian Listed)
    Max Molybdenum Canada
    Grade 0.12%MO
    Tonnes 42Mt (Will grow size - Underground Mine)
    Market Cap $240M

    Quadra (London Listed)
    Malmbjerg Greenland
    Grade 0.12%MO
    Tonnes 220Mt
    Market Cap $1,330M

    RCH compares well with the other two high grade resources. The highest grade in the West (nobody seems to know the grade of the Chinese mines) is the huge Climax operation in the US. 750Mt at a massive 0.165%MO.
    RCH Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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