I would tend to agree mate. Such moves don't come of the back of nothing.
Razorline can I ask what your motivation in talking down the stock is? Although you very well may be right there is tens, if not hundreds of crappy stocks going nowhere that one can use time and energy in talking down. Perhaps arguing your point with some evidence or at least a broader explanation might enrich your posts.
For those interested here is the original VTEM survey flown by VIC before BUX took the ground over. Interestingly the 15000S anomaly was not drilled due to the rugged terrain and limited conductor size.
The great thing is that the dolerite is extensively mineralised. For those technically minded this suggests when coupled with the Mg rich nature of the dolerite, that S-saturation happened early in the crystallization history of the intrusive meaning that the expulsion of Ni-Cu mineralised dolerite would have been widespread.
However I am somewhat concerned about the magnetic intensity of the interpreted host rocks on RMR's ground. In an ideal world these would be massive accumulations of pyrrhotite associated with lots of nickel but looking at the detailed magnetic images in one of the BUX announcements it appears that magnetic highs are associated with the barren intrusives.
Should be an interesting ride all the same. GL to all
RMR Price at posting:
0.2¢ Sentiment: None Disclosure: Held
