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Red Mile Minerals Corp V.RDM



TSXV:RDM - Post by User

Post by RIGDIGon Jun 23, 2009 10:18am
645 Views
Post# 16091233

Not Bankrupt so not Dead

Not Bankrupt so not DeadTalks are still occuring with companies, one particular about a potential JV for the Knife. Oct - Nov timeframe is what  the word is but again, the way the economy is, who knows. JV possible has similar kimberlite pipes.  Rhonda has liquidated and has not let go of the pipe much to DB's surprise and disappointment. DB thought Rhonda would have to let it go.

On a positive, some of RDM's holdings, particularly Aztecka (AZG) has been doing very well and could help fund things down the road. The Two Mile Project could be quite the find and put money back into the coffers of RDM. Aztecka was the former Savanna, Hansa.

Who knows but one thing for sure is it's not completely dead yet (sure seems like it though) and could come back as a bonus around retirement time.
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