well Boris, I do like a robust debate, but unfortunately many moderators have not seen it that way - for example I once got 60 days suspension for calling a post 'tripe' - no more than that, so my 'reputation' is very largely undeserved.....
back to RHM - now I'm not setting myself up as any expert here, in fact I don't know much about RHM at all, was attracted by its low market cap and its exposure to Fe - but I'm having second thoughts......
I've always been wary of those companies which seek to cobble together a resource from a bunch of old data - it mostly doesn't work - if it did why would the Yanks just leave a fortune lying around for so long? did they have to wait for RHM to come along to tell them what it was worth?.....
then there's the inactivity of RHM, they don't say a whole lot about what they are doing, perhaps it's because they aren't doing much these days? waiting on some study won't cut it with the market for long these days, and I'll repeat that IMO the recent sp rises have been off the back of a general surge in resources specs.... none of you have pointed to what's driving the share price, there's no news much of any significant sort and most companies do all their research work as a background to an active drilling program - not RHM though, let's just wait until we've done all the paperwork first - well, mining ain't about paperwork, it's about pulling stuff out of the ground, and lots of it - get yer finger out RHM!
oh, and if there's no drilling to be done because so much has already been done earlier by others, then what's the hold up with making a decision about going ahead with the project..... in your own sweet time RHM, in your own sweet time...... either **** or get off the pot!.....
think that's all I have to say about it for now, but IMO today's sp effort was pathetic....
I jumped out of PIR to get this stock - maybe a big mistake now that I realise what they are up to.....
RHM Price at posting:
43.0¢ Sentiment: None Disclosure: Held