RMR ram resources limited

thanks for that warflow. to me, rmr feels high risk/high reward,...

  1. 85 Posts.
    thanks for that warflow.

    to me, rmr feels high risk/high reward, more so than other exploration companies.

    The have some pretty big hurdles... no defined resource, limited drilling season, need for helicopter transport which also limits what equipment can be brought, higher explorations costs, policitical barriers surrounding uranium, uncertainty around the future of REEs,.... It's a good guess that this is why the share price is as at the 2cent-ish mark.

    But,... if they pull it off, define a strong resource, figure out how the hell to mine it, and get the political powers to make some allowances for uranium, this 2cent stock could go anywhere, straight to 20, 50 cents, 1 big buck, who knows!

    Alot of hurdles though...

    I havnt made up my mind whether this stock has a place in my portfolio or not, but i'm definately interested.

    Of course, my thoughts only, and i'm still learning.





 
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