news releaseWell I did not see this one coming but I totally agree with diabase 1. This is a game changer - whole new company . Benefits are huge: Kalt has the expertise, qualifications and connections etc. to move this company to a new level. TONS OF SKIN IN THE GAME - he won't let the stock sit at these prices for long. The amount of land is massive!! in a great area (we are drilling at the very western edge of it.) - massive exploration upside - I need to do much more homework as there are at least a dozen or more excellent showings and historical production in the area . We are going to require a lot of money to drill this block - leads to some large future financings and obviously at higher prices. Dilution is minimal especially for such a large land block with this upside
This is now Mr. Kalt's company and it will be very interesting to see what he does with it . He now has his vehicle and liquidity. Interesting to note that this would be done during the company's only drilling program. In summary - should be very positive for RTM . I'm still waiting for the halt when they see something during the current drilling . I'm obviously in this for the long, long term. Waiting for lots of green in the core!