Revett Minerals Inc RVM

RE: RE: RE: RE: RE: Cheap

[petersburggray]

Thanks for sharing these very helpful facts BigSky.  Certainly understanding the full impact and costs of the collapse of Troy is a process that will not be fully understood until all areas of the mine are inspected.  This process  is slow on account of the groundfall which blocks access to all areas of the mine.  My main concern with RVM is that management has not been ahead of the curve in disclosing simple, known information, about the collapse of Troy, such as the circumstances surrounding the collapse and the repair costs thus far.  The fact that  both the main haulage route and the secondary escape route collapsed and no one was killed or trapped underground strongly suggests to me that the collapse was a result of underground blasting between shifts when no one would be below ground.  If blasting did cause the collapse of Troy the next question I have is was the collapse a result of human error, perhaps the charge was loaded too heavy, oris there a more fundamental flaw in Troys design or mining method. I dont know the answers to these questions without RVM management providing more color therefore I continue to watch and wait for a potential entry point at a  time when I have a better understanding of the risks involved.