RMS 0.27% $1.85 ramelius resources limited

will rms rise over 2.00, page-8

  1. 4,058 Posts.
    the announcement is obviously good but still convulted IMO. they should have waited for the results before announcing it now the market is confused because they cant put a $$ figure on it other than the fact that the gold was 'visible'. if they gave us grades we could times it by the specific gravity, width of the intersection and a conservative area of influence to get a rough figure on what its worth.

    i sold out at 175 and 150 though so well done to those still holding. check out AAR that is 1km east of RMS and is only 1/5th the market cap of RMS. making heaps of cash from its gold ops and its main project is worth $1.7bn+ in ground value

    cheers
 
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