RHM 0.00% 30.5¢ richmond mining limited

"Chances of real success at current drilling campaign locally...

  1. 2,453 Posts.
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    "Chances of real success at current drilling campaign locally are very small."

    On what basis do you make this comment?

    I'd rate their chances as being fair, at worst. I'm not just saying that because I hold the stock. I say it because:

    * we're holding 40km's of strike of the same rocks that house degrussa,

    * historical drilling ADJACENT to anomalies barely scraped the basement but still yielded over 6 times background copper grades,

    * a magnetic centre exists on our tenements that is potentially the source for all these metals we are after,

    * and not to mention the Cashman mine 1km down the road - that one's self explanatory. Would be Poorman mine but they dug copper at 16% grades. To top all this off we have not 1 or 2 but EIGHTEEN anomalies and are drilling 7... today.

    "But if by chance it comes up with a sound result then, as per the optimists the upside is high."

    Agree with you there.
 
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