wattle dam drilling results, page-2

Just found this old 2005 article about RMS. Interesting thing is that back then they were saying the RMS share price may be positively affected by more high grade results from AAR.

Ramelius Resources (RMS) 13c
After a strong rally to 20c following release of results from the Hilditch Nickel project,
RMS’s share price has nodded off and drifted lower on light volume to 13c ... etc ....
The company’s gold assets (Wattle Dam
and Black Cat) justify the current market capitalisation and the recent purchase of the
Coolgardie plant by Austminex and Matador Exploration Inc may have implications for
RMS should the plant require ore feed. Some likely share price drivers include:
�� Release of positive results from Hilditch
�� *** Further high-grade gold results from Anglo Australian (AAR) in the vicinity of
RMS’s tenements ***
�� Rationalisation in the Coolgardie region and the desire of Austminex/Matador to
dominate the region
�� Results from three upcoming drilling programs and nickel exploration from Pioneer
(PIO) at Wattle Dam
Ramelius remains an interesting proposition despite the sagging share price
and lack of interest presently being shown by the market. ... etc... (from 2005).


So maybe its AAR's turn to catch back up over the next year or so. I'd rate that the value of mandilla right now has to be more than the 5 or 10 million it seems to be being rated at by the market.

RMS just had a 1m intersect of gold worth $170,000 plus. Their drill cores have enough gold in them to pay for the cost of the drilling campaign!

On that basis its hard not to get just a little bit enthusiastic as to what else Mandilla may hold.