Is RHM in a similar situation to MWE ? Should they follow the same path as MWE ?. MWE had Ore in the ground but had to delist and get funding sorted before relisting on the TSX. RHM would be attractive to Nth American investors and IMO would relist @$1.20 after funding was sorted. IMO RHM is more of a venture capitalist play than a simple funding exercise.....If financing doesn't work this may be there only option.
RHM Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held