GREY:RGVNF - Post by User
Comment by
JennyB2on May 04, 2010 6:22pm
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Post# 17062579
.. will be RED MTN ....
.. will be RED MTN ....
...actually, and I hate to break this to you, but Red Mountain is still a prospect, it is not an ore body.
Some company may want to take a look at Red Mtn, but they will NOT be offering big bucks in order to do so. Red Mtn has more question marks against it due to the poor planning, geology and drilling than positive graces.
Typically, a property such as Red Mtn would attract a lease/purchase offer contingent upon the discovery of ore grade mineralization and a sufficient tonnage to support a feasibility study.
All the hype and hoping that some White Knight (no, not that company!) is going to ride up and rescue the share holders and REV, are just that...hype and hopes.