Opinions
James West
Redhawk Resources
RDK-T
TOP PICK
Mar 05, 2012
Huge copper project in Arizona. Looks like it is going to be over 5 billion tons. Trading at almost less than $0.01 per pound in the ground and it's an advanced project. Paved highway right to the front door.
$0.600
Stock price when the opinion was issued
Mining
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Copper, gold, zinc. Just announced a virtually doubling of their resource to almost 8 billion pounds of copper. Current price is valued at less than $0.01 per pound in the ground and when majors look to take over projects of this scale, they generally pay $0.04-$0.05 so this implies the potential valuation of around $2 a share at the takeout.
Mining
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