With geo identification of copper at Qld and Chile and more planned drilling; this is going to be a long waiting period to see where this company is heading in the long term. Managements plan is unclear, except for the continued drilling to identify potential pay dirt areas. Not a stock to buy and hold unless the tied up capital is not required for the near term. Looking forward to news that the drilling has ceased and a move toward development and feasibility studies to mining stage is underway. Then would be the time for me to increase my holdings. At this stage it is simply a waiting game.
RMG Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held
