NYSEAM:RVM - Post by User
Post by
GOLD8888on May 05, 2007 1:12am
290 Views
Post# 12730271
Rising - In spite of itself
Rising - In spite of itselfOf all my investments, by far the most undervalued is RVM. The announcement of a near double in production, the massive quantity of copper coming out of Troy with copper prices again near highs and the possibilities that Rock Creek provide make Revett a real value play.
You would not know this by the lame volume and pathetic share advances of the last week. Finally, yesterday some funds are showing serious interest !!! Revett is also a prime take over candidate that a Hecla like entity could move on. With Palmerejo recently (Another of my holdings) getting eaten up by CDE to become the biggest primary silver play on the planet, HL needs to play catch up - RVM is just what the doctor ordered.
Figure it out..... Rock Creek is never going to get into production unless someone with a gigantic bank roll steps up and pushes the project forward. Troy will last 6 years at least..... so we have time on our side to get Rock Creek moving. As silver moves higher to it's destination price of 50 dollars an ounce, RVM and MGN will be easy 10 baggers.