ROS 0.00% 35.0¢ red october resources limited

holey moley, page-27

  1. 923 Posts.
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    From red october's own release.

    There are 4 ore zones, only two reported with the Russian mineralisations.

    Comparison with EXS deal with Xstrata are not valid, this deposit does not have a processing plant down the road which is going to have spare capacity as the EHM is going underground.

    If the reserve is 200k tonnes it isn't cheap.

    Figures are from 1965. A presentation from 1972 is alluded to in the text, maybe the figures are from there not sure, my googling skills are not as good.

    Not sure where sungod has his figures from
 
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