RBM redbank mines limited

No , not Vitale\'s P.A Just an investor that asks questions and...

  1. 65 Posts.
    No , not Vitale\'s P.A

    Just an investor that asks questions and does not treat investing like a Casino. You need to ring brokers to find out who is covering the stock, you need to ring the company to find out the finer details on the ASX announcements. Just by ringing around I found out Martin Place securities had their analyst at the Redbank site and is currently writing up a detailed report on the project. I have found out and pieced together a lot of information and this is looking very good indeed. The market is blind to the prospects, the market thinks the operation is just tailings retreatment. The market will get a shock when this turns out to be a producer with 30 years plus mine life. (imho) Value come to those that wait, PDN was once a 2 cent stock! I would rather be holding RBM this side of a drilling/assay announcement that after the fact..

    So far in my non expert opinion this looks like its another CDU but in a different way, CDU has huge strike length but RBM is open at depth, also I suspect that increasing depth is very good for higher concentrations of Copper Sulphides,these breccia pipes are huge and they are going to drill another 11 at least in the short term. Its odds on that the breccia system is all linked to a common feeder at depth and all pipes have similar Copper grades. We are talking about a huge be it speculative Copper mine.
 
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Currently unlisted public company.

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