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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

Post by traxbywebon Jul 22, 2014 12:53pm
141 Views
Post# 22770191

A little over a week to go

A little over a week to goWell hopefully management will have financials in order by end of month.    Copper prices staying around 3.15-3.20  is good for profit.     About 9 months of processing in the books since our last good report on financials, will be interesting to see how this company has been doing.   Costs still around 1.70 a pound?  Thats about US$1.50 net on about 12 million pounds of copper.    Nice piece of change for a company with a MC of about 15 million.    Hopefully news will show a big dent put into debt and some solid news on getting gold production on stream.   I would expect this time next year debt almost gone if not gone and company making about 18 cents a share.     In for the long term unless things change drastically but according to there bi-weekly updates there is no other material changes.    Looking for 30 cents plus July 2015 and only up from there.   Its up to management to ensure this is a solid company.    Time will tell what kind of management we have.
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