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high grade gold & moly

15 Gold properties & 1 Molybdenum resource - Beardmore & Geraldton, N/W Ontario.

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Message: Re: Family ties ?? RMK and the other players, and value

Dec 07, 2007 08:22AM

Dec 07, 2007 10:05AM

Dec 07, 2007 11:54AM

Dec 07, 2007 11:55AM

 Anything is possible,,,and I am not surprised to hear about the family ties.

 I know when I spoke to Monir, he said that when Premier approached RMK and said they had 7.5 million to spend, it was like RMK just said OK. I got the impression it was almost a handshake kind of deal at first. It was obvious that they were on great terms.

 Now to find out KXL has a brother related, then that just makes even more sense. I am sure we will have our day. This whole camp will explode. Sure, KXL is doing great, but RMK has all the infrastructure. KXL now has 75 million shares, and to build mines and infrastructure, they will eat up the 55 million in cash very quickly IMO. Still a great company, but my point is that we are so close to producing gold and generating a lot of cash, so our share structure is just fine. Wait till PG makes a find and releases results. We'll be trading up to 1.00 IMO.

  Furthermore, I have said from the beginning,,,,,Roxmark is not a daytrading stock. It just is not that kind of investment. But, it's a great, undervalued gem. We have the best properties in this area. We have all the infrastructure. We will produce gold in a few months. Earnings will propel RMK,,,, and the POG will promote us.

 But if you want to own a stock that will surprise you with something that you were not expecting, like a 43-101 of 2 million ounces,,RMK is not for you. Sure, they could drill and drill for another 2 years and map out many 100's of thousands of ounces, but that would be a waste of cash IMO

  Buy low and hold,, the production and earnings will take care of the rest. We know we have at least 1 year of gold for production. These old  mines were always  profitable when gold was selling for 35.00 an ounce. They delineated 1 year of production through drilling,,,,mined the ore, while drilling to find the next years gold. It's a simple efficient way to make money mining gold. It's the way all your old deep shaft mines worked. And it will work for RMK when gold sells for 1000.00 an ounce, which will be 2008.

  You drill and drill when you want to do pit mining, because of the very high cost of mine start up with open pit mining. Hard rock, deep shaft mining is different. You drill enough to find one years of future production. That's all you need. And then while underground, you constantly drill along strike to further delineate the resource.


Dec 07, 2007 03:27PM

Dec 08, 2007 04:02AM
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