RGL 0.00% 0.6¢ riversgold limited

general comments, page-45

  1. 2,751 Posts.
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    Next 4-5 weeks going to be very hot for RGL. As market suddenly realised how close RGL drilling at Lynas MT Weld project. If they hit something significant, this could make so much noise as Lynas is controlled by Chinese entity. So Government will focus on RGL and its JV part ner UK listed company. RGL have an option to earn 70% at the Mt Weld Rare Earth Project.
    https://hotcopper.com.au/data/attachments/5253/5253944-bb19d7c2fb25b733078e75e1f1523c25.jpg

    Besides, MT Holland drilling going to start, I mean the actual drilling will commence looks like. Late May or Early June. Remember, they are preparing the drilling zone sinc
    February. I felt like RGL wants to drill south of the bounty project ( right next to Mt Holland). That red circle is the green stone zone where RGL really wants to drill. This coune something very significant.
    Hope our Geo Team finds some sweet spot to drill. I have been very vocal to complain about the Mgmt, but then think about we have very small team where we have saved lots of Admin cost.

    Let's hope RGL gets the goods at Mt Weld REE and the world class MT Holland, that bounty cut looms really hot.
    This should make MC 150mil mark
    Imo
 
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