OTCQX:RPMGD - Post by User
Comment by
Fullplateon Sep 18, 2017 6:08pm
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Post# 26711227
RE:PI Financial: Buy rating and $0.55 target price for RPM
RE:PI Financial: Buy rating and $0.55 target price for RPMThanks for sharing the PI Financial report, Stockmaster. It was a very well written analysis. The disappointment they expressed sums up my feelings exactly. Whether the stock goes to 55 cents or 80 cents is only a function of time. The higher share prices will require the company to gain commercial production at Florida Canyon and be able to ramp up the other mines using cash flow, not more financing. That should still be possible, but until we see the 3rd quarter numbers, I wouldn't want to make that bet.