Revett Minerals Inc RVM

What is Happening?

[javaman12]

I've got a few thousand shares of this company which I purchased a few months back. I believe that this stock has potential to move big time but patience is the key. This company's shares are tightly held with only a few million outstanding shares in the float. These shares started to move higher in the recent past but due to some catastrophy, the mining infrastructure was compromised. Road access to the mining areas was cut off. This is presently being addressed and at a pace of development that management has predicted. This helps lead to the conclusion that management can be trusted to deliver the goods at least in my mind. This is important to me because in the past I have been badly financially stung by the misleading statements of other companies' press releases. The truth is important. They have managed to raise capital with the help of 'insiders' which is also important news to the market. Above all, they will likely be able to get the infrastructure completed on schedule and have the mine up and running within a fairly short time, perhaps whithin another couple of financial quarters or so. Also, this company has a 12 year life of mine with ongoing drilling exploration in the cards after production recommences. There is, as well, a second possible mine a short distance away with a vastly larger potential resource. However, it has been overshadowed by environmental concerns with it's go ahead presently blocked by legal action if I'm am not mistaken. Lastly, this company's production will be diversified. It's not just going to be a precious metals producer(silver). It also will produce a copper concentrate. I am being optimistic I realize, but this is my last shot at what was just a few short days ago just a penny stock. I am hoping for big returns even though I have a very modest investment of my own. If you own more shares, all the best and good luck!