RE: Is RIO watching ?Good evening EXT'ers and LE.
"The only downside will be that the jealousy factor will go stratospheric with some of your mates here on Stockhouse."
Mates, I think you are referring to the little boys on the other thread ?
That poor sad group really know how to chase away a possible investor !
I asked reasonable and fair questions about that stock, just like I would with any possible investment and was bombed with their childish attack. Rather stupid and childish.
That lot are about to learn the old story, they missed at school about the Hare and the Tortoise.
Now this RIO ROSSING News item.
A possible, a maybe, a good reason.
The big if factor.
For RIO,
They would only have to extend their trolly track system,,,,
AND THATS IT !
Thats all that is required to have a minable area that might last for about 100years.
In ONLY the Rossing South find.
1 They, RIO already have skilled staff that have been trained by themselves, RIO over the last 30years.
2 Heavily invested in the local township and its people.
3 They RIO already have all the equipment, trucks, drive through scanners, tracks, labs and mills and importantly the customer base for the end product.
4 AND are exploring to find new zones of ROSSING to mine.
5 The mill is not at full production levels because, they simply are running out of feed after 30years of digging a big hole.
In fact it would appear from an outsider, all too easy.
For EXTRACT.
A easy dollar.
OR
A sell off of Rossing South area.
And still control the other projects with a monster Bank balance.
Or maybe a JV.
All the above is a guess, please and therefore you must do your own guessing.
And now think of today and a number of days in the not to distant past.
Have you noticed
Am almost strange play with the share price, as almost as if someone or ones wish to hold the s/p down while they frighten people and then buy their stock.
Who or what could that be ?
Now you turn to guess.
Kind regards,
UB
PS, we just might be living in interesting times.