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Red Tiger Mining Inc RDTMF

Red Tiger Mining Inc is a Canadian copper and near-term gold producer. It is mainly engaged in copper cathode production, and in the exploration and development of copper and gold projects. The company owns an interest in San Antonio Property, Luz del Cobre Project, and Sapuchi Gold Project.


GREY:RDTMF - Post by User

Comment by bobvee15on Apr 25, 2014 2:59pm
178 Views
Post# 22492284

RE:RE:i feel something wrong

RE:RE:i feel something wrongTrax- This news definitely reflects poorly on the management especially when operations are perceived to be humming - the Russian management group controlling this stock being dead weight.  Admittedly, history shows they haven't  exactly had  a stellar track record in efficiently operating other smaller mines under their control.

For instance, I know  Endeavor Mining after acquiring Etruscan was able to immediately reduce cash costs  from $850 to approx $600/oz at the Youga mine by dumping the contractor and optimizing power costs and White Tiger Gold has been a total disaster.


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