ROS 0.00% 35.0¢ red october resources limited

Ann: Wardell Armstrong Yellowstone Site Visit , page-3

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  1. 2,854 Posts.
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    The maiden jorc for Yellowstone is due next week. Ross Smith and co obviously needs something substancial to convince the market they are onto something here. There has been talk of this jorc exceeding the previous estimates of the Russians. Of course, we might just find that the previous measures were accurate.

    I wonder what convinced ROS they were onto a bargain at $100m for 70% Yellowstone when they had the Russian numbers?



 
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