ROS 0.00% 35.0¢ red october resources limited

us$9b conservative resource at tesiktas, page-24

  1. 14,882 Posts.
    lightbulb Created with Sketch. 475
    No doubt this upcoming IORC will have some big numbers. I've done some (a lot actually) research and made a few phone calls to a couple of geos I know in Bishkek. Russian C1 and C2 drilling stats are VERY reliable. Anything outside those parameters, forget it.
    For a $16M market cap, this is s fatastic risk/reward play. You can't buy anything decent for $16M on the ASX in my opinion. This one is a new float, clean, tightly held and somehow have secured an option to buy a world class copper deposit. A market cap of $50M ($1 per share) would not be out of the question post securing that asset IMO.
    Sentiment changed to buy.
 
watchlist Created with Sketch. Add ROS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.