HDN is a different animal in that it is involved in all the comodities that RML is not ie coal, iron ore Uranium and a drilling company. It has NOT recently issued 35m shares at 20c so there is less selling pressure.
RML in some ways is better than HDN in that it has large resources in terms of economies of scale. RML is a long life situation and will also deliver in time. It has monthly cash flow from DSO shipping of 1.7% Nickel and the limonite is really a low grade iron ore so I think there is demand for that. There is an interesting artilcle from the Eureka Report entitled As Strong as Iron by Charlie Aitken of Souther Cross Equities- he forecast that FMG would get to $100.- that shows that the Chinese use a 28% grade iron ore. The report was dated Wed May 28th and was written after a visit to China. Thus the limonite has value. RML has Platinum and Chrome and still has to drill up Nickel sulphides. I think RML is worth accumulating.
