Red Tiger Mining Inc RDTMF

Good news

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Nice news out today.    Production going well and taxes paid and debt in good standing.   Company is producing about 16 million lbs of copper annually , with cash costs around 1.70 thats a nice profit.    Company should be able to ramp up gold production in medium term once they set there site on that objective if they haven't already, I think they just needed a few more million in the bank to pay the cost and have some extra cash on hand.   Still see this company making 20-30 cents a share by year end, which makes anything sub 20 cents a good buy IMO.   With gold heading up now is the time for this company to poise itself for shareholders to take advantage of any gold appreciation.  Who knows with copper credit on any new gold mine cash costs could be really low.   Share price still trying to recover from the 2 million plus dump by major shareholder because he over bought earlier last year.    Company has lots of positives.   Mexico - good place to mine, reasonable cash costs, lots of available land for new projects, second source possible with gold mining and debt now under control.   We could see debt gone by 2015.  Yes a little bit of a pump but this company is finally looking like it should have 5 years ago.