Thursday, March 14, 2013

red mountain mining

investor lunch with red mountain mining which reminded me on other gold exploration company  cadan resourcesprobably because both operate in the philippines and the philippines are so far away from germany :-)

  • gold exploration in philippines
  • ASX listed company (symbol RMX)
  • start of production planned for 2016
  • high grade deposits
  • major project is located near batangas city, approximately 100 km south of manila
  • quite a weak financial situation: $3.3m cash and a burning rate of 500k per month
  • etc
go gold bugs go and let's crash the fraudulent paper money system now Thanks

anything else? coming soon or never.
Post a Comment