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Revett Mining Company, Inc. (DE Message Board

  • screenjam110 screenjam110 Mar 15, 2013 11:29 AM Flag

    Interesting

    This stock just creeping up steady....very nice. I got filled at 1.84 early last week. Any thoughts about this the sneaky run up in price?

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    • let's see, multiple articles, Pr from the company, earnings report, Conf Call with analysts

      Take your pick of those. Damage to the main components of the mine is minimal. Should be back online next month and in full production mode by May. Burn rate is $2M/month and they have $28M in cash as of end of year. So this outage cost them $12M but they gained tremendous favor with the local and state government and their workers. I would hope this gets them a favorable ruling with Rock Creek now.

      Revett, the mining company that cares.

 
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