NYSEAM:RVM - Post by User
Comment by
Agmanon Nov 16, 2011 5:53pm
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Post# 19243182
RE: Rock Creek
RE: Rock CreekHard to judge what the "insitu" value is. Better question IMO is what will it cost to get a mine/mill up and running? If it cost, say, $500 million, then co. will obviously need to dilute shareholders and at what cost? Getting the SP up certainly doesn't hurt - not sure this will ever get to fruition as major will most likely take this out. Based on s/o currently, we could run to $10 very soon. Isn't this deposit touted as being one of the world's largest Ag deposits? At least in N. America - home grown, no political risk. I agree, accumulate around $5 if you can. Wait till Ag has a good day and this actually sinks in with investors. BOING!!!!