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Rambler Metals and Mining PLC RBMTF

Rambler Metals and Mining PLC's principal activity is the development, mining, and exploration of the Project in Newfoundland and Labrador. The company owns an interest in Ming Mine Project which is located on the Baie Verte Peninsula in Canada. Its other properties include Goodyear's Cove which is an integrated concentrate storage and shipping facility and the Nugget Pond property. The company earns most of the revenue from Canada.


GREY:RBMTF - Post by User

Comment by MineNL1on Mar 05, 2019 4:56pm
307 Views
Post# 29446182

RE:copper prices

RE:copper pricesI would have to disagree about management not giving a hoot.   The rambler story is similar to many junior miners that commit to a mining endeavour when prices are strong only to have that market collapse. It is tragic to see this sort of thing happen because the management gets tested having pressure from shareholders to turn a profit, employees wanting better pay and can over deliver on initial projections and still loose money because the projects are no longer feasible at the current commodity price.  Only thing you can do is streamline and do the best with what little you can afford until the tide comes in to float the boat again.  This financing is good news because this market is coming around I just hope that rambler can pull through and experience a boom.  
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