Al Capone's Vault

[thebloggingbanker]

RMES .42 -4.55%



RMES is on my watch list. I haven't bought RMES but plan to in the future. I have spoken with their IR, and the company is currently in the process of selling shares directly to investors. After this stage is complete I predict some dilution. Watch RMES on the L2, if the price get close to .25 I think this is a strong buy. I don't know if it will ever reach that low of a PPS, but anything around that target and I'm buying. I've been following this stock since last year when RMES issued this PR. I will post when I add this to my portofilio.


http://www.marketwire.com/press-release/Red-Metal-Resources-Upgraded-to-OTCQB-Marketplace-PINK-SHEETS-RMES-1159230.htm


Red Metal Resources http://www.redmetalresources.com/

Business Description
Red Metal Resources Ltd., based in Thunder Bay, Ontario, is an aggressive exploration company focused on growth through acquiring, exploring and developing copper-gold assets in Chile. Chile is famous for world-class, low-grade, high-tonnage deposits and possesses massive potential in undeveloped mid-sized, high-grade, copper-gold deposits. Chile has consistently been ranked as one of the most politically stable countries in which to invest, contains excellent infrastructure and possesses a mining-educated workforce. All of our properties are located in the highly prospective Candelaria iron oxide copper-gold belt of Chile's coastal Cordillera. The Candelaria belt is host to Freeport McMoran's Candelaria Mine and Anglo American's Manto Verde Mine. Red Metal has assembled a team with strong geological and management experience in Chile.

Share Structure
Market Value1 $4,290,846 a/o Feb 25, 2011
Shares Outstanding 10,216,301 a/o Sep 10, 2010
Float N/A
Authorized Shares 500,000,000 a/o Oct 31, 2009
Par Value 0.001

http://www.otcmarkets.com/stock/RMES/company-info



http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7604447

The company needs money. The NI 43-101 on the FARELLON PROJECT

http://www.redmetalresources.com/files/Farellon_43-101.pdf

Investor relations -

TJ Marolda [e-mail] / 860-605-6641

Corporate Communications:
Telephone: [phone]
Toll Free: 1.866.907.5403
Email: [e-mail]

Folks this company likes to talk.