RE:RE:RE:coverage - Conservatively several million tonnes Article says RRS is expected to unveil value greater than SNS. I read that they had a target value of 1.4CAD in a 6 months horizon. That is what might be waiting for us after PEA! So it looks like another 10 baggers from here! Is that possible?
DoctorFouad wrote: I like also the "short term" part in this sentence : "gravitation of the market capitalization of RRS.V closer to CDN$25 million is in store near-term", and I am happy with the 25million$ market cap part (0.50$ per share), eventhough I think RRS could go way higher after the release of the NI-43 reosurce estimate, more so if they go with an impressive PEA and sign end-users contracts.
this is the kind of a multi-bagger stock that every long term investor should ride ! these opportunities are extremely rare in the tsx.v (full of pump and dump stories) especially in this depressed market. for creating shareholder value in the long run its all about management, with RRS we have quality management + quality property, the rewards would be enromous for those who ride this long enough.
happy slica investing to all,