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Gold/Mining/Energy : The Molybdenum Discussion Board -- Ignore unavailable to you. Want to Upgrade?

To: jrhana who wrote (2286)	10/19/2006 4:22:57 PM
From: siempre33	Read Replies (3) \| Respond to of 3267

RMKL has alot going on.... RMKL HAS assets! They own a mine. They extract ore from this mine. They are milling their ore in a mill which they own. The mill is valued at somewhere north of $20m! And the recent assay undertaking will put better light on the potential Mo value... They have secured the infrastructure required to convey this ore to the marketplace, and done so on a VERY cheap ticket! The road and rail access is all secured, and in close proximity. They even built a bridge over a narrow stream, to be in compliance with environmentalists, yet still afford proper access to the ore... RMKL hasn't become listed on the TSX yet...it was always a VERY COMPLEX undertaking, and, in today's world of increased scrutiny and greater liability, it is even worse. Any company trying to get listed, on TSX or any other reputable exchange, must pass through huge numbers of diligence hoops. After all, the TSX does not want to list some outfit with no real product, no revenue, no ... nothing. To my understanding, RMKL has, to date, jumped through every hoop of the listing process, and expects positive results. All this takes time... Investors with any sense understand the risks inherent in [junior] mining, and RMKL stands head and shoulders above most junior mines in the assets that they currently hold!