RMS 1.60% $1.90 ramelius resources limited

What’s happening at Tampia, page-485

  1. 3,743 Posts.
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    You have continually inferred RMS is wrong in multiple posts. Your last post infers that their resource model is no good, won't release pertinent information, they might screw the locals over or make life difficult for other explorers. And that was just your last post.

    The idea that a a small cap explorer like EXU that needs to beg for money will have a superior resource model to RMS is ludicrous and I don't think even your broker would agree with you. In the majority of these cases with small resource firms the most profit they generate is for West Perth bars and restaurants not shareholders. Small companies are super optimistic and bigger companies that actually produce are more conservative. The reason for this isn't rocket science.

    RMS has done exceptionally well on virtually every project they have picked up. Why on earth would you expect them to do a sub-par job on Tampia? And why buy RMS if you think they're going to do a middling job? Go and buy one of the other gold companies that you think will be doing an outstanding job not an average one.

    "and if they don't, you'll blame EXU, because HOW could it be anything else?"

    Why would we blame EXU if the project underperforms? RMS have put the resource model through their parameters and made their own decisions. If they paid to much because EXU fluffed up their results then it's RMS responsibility. Buyer beware.
 
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