GREY:RDEMF - Post by User
Comment by
SmokinWillieon Jul 14, 2016 8:04pm
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Post# 25054335
RE:So do the shares take a 12.5% hair cut first thing in the mo
RE:So do the shares take a 12.5% hair cut first thing in the moNo, although we may get a short pull back to around $0.75 as momo's and traders jump on this.
13 mil shares/ 186 outstanding = 7%. But anyone who realizes the value of drilling will know that RD needs to prove up reserves and develop a mine plan soon as they are very close to production.
Funds for drilling are a necessity and drilling will be positive to the company;s net worth.