GREY:RHWKF - Post by User
Post by
jeffrey8on Feb 01, 2012 3:13pm
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Post# 19475673
do your DD on Oracle
do your DD on Oracle I would be careful on Oracle. Copperhead became a member on Jan 31/2012 so it looks suspicious. Redhawk is way ahead in their move towards production. Lots of drilling to prove up resource and feasability study in advanced stages. James West is pretty savvy vetting exploration companies and likes management and potential for Chinese buyout down the road to secure copper supply. China uses 39% of the world's copper supply so they will need to get it somewhere. As for 2011 stock price it was a disaster for whole industry with risk off attitude so it is hard to blame one management team. Bought into RDK this week at .55 and will be patient and see what happens.