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0.00% 0.1¢ red mountain mining limited

What can we assume for next week !!, page-418

  1. sleekbeak
    2,296 Posts.
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    05/11/20
    18:02
    Post #: 48669958
    https://themarketherald.com.au/red-mountain-mining-asxrmx-to-acquire-100pc-of-mt-maitland-gold-project-2020-07-06/

    Once satisfied, Red Mountain will then pay $250,000 to the project's vendor, geologist Simon Jones, and acquire 100 per cent of the site.

    This Simon Jones being a geologist fellow must have some idea about how prospective or mineralized the site may be.
    Why would you sell off a potential gold resource for what seems a mere song ?

    RMX Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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