RE:RE:RE:RE:RE:You happy with his sale.
Sooner wrote: As i've stated several times --- there is absolutely no way we get double digits....unless our market cap starts going up; metals increase; anamoly drill yields something exciting --or--- we get someone in addition to Rio involved!
1. Gold tagged 2k, nothing.
2. Copper over $4 for 18 months, nothing.
3. We doubled the resource, nothing.
4. Confirmation drill results, nothing.
Lost in all this is Olu is a $7b build.
Rio is not afraid of CAPEX. It's literally the first thing all the haters say about Casino, too expensive to build. They don't see Rio doesn't seem to mind taking on a large project.
Paul's tried to convey this, talking about how Rio paid $16b in dividends last year, for instance. Not sure how this finally dawns on people.