Logzy, it says the promised announcement will be both a "transaction and a capital raising". I'm interpreting transaction to be either purchase or sale, I'm hoping for purchase (which would make sense given the capital raising) because currently the world is our oyster with lots of resource projects up for grabs so it could be anything & anywhere & apart from the Cypriot economy joke currently, the US was just starting to recover (slowly but surely) so I'm crossing my fingers that Dr Copper gets a guernsey as it is always the first metal to respond in an upturn. From Perth to Peru, from antimony to zinc, I wouldn't be at all surprised to see something completely unexpected in a totally unexpected location. I reckon Mr Kirtlan & associates have been busy scouring the world for opportunities. I take my hat off to the current management team because, don't forget they have not taken salary for the past while but instead took shares - that to me says something about both commitment & belief.
RMG Price at posting:
0.3¢ Sentiment: ST Buy Disclosure: Held