He seemed to feel that the market is waking up to the fact that RMK is just undervalued.
KXL halted,,,bringing attention to the camp.
Roxmark soon to release 43-101 which will confirm historical resources at Northern Empire. They have not done any deep exploration yet. Once 43-101 out, decision will be made about production. Deep/further exploration would happen once in production. Easier to drill from underground than on surface, so would be a waist of money to explore deep at this stage. They already know they have gold. Production would require about 5 million cash to get new head-frame,,,ect.
The Geraldton Camp--Premier Gold Mines JV.
He said they have known PG management for years. Almost had a deal with them in 1998,,but gold was not 700 an ounce. PG approached RMK,,,said they 7 million to spend. I got the impression that we have a great relationship building here between PG and RMK. PG has great geo team,,,,very successful,,,Monir even said same.
PG has drill on site. They have been doing magnetics on the properties yesterday. Building the Geraldton camp and 2nd drill on the way.
We are in good shape Roxmark Longs !!!