RDN 0.00% 2.2¢ raiden resources limited

Daily Discussion, page-4070

  1. vmp
    13,254 Posts.
    lightbulb Created with Sketch. 9062
    A lot of impatient people these days as the sp is volatile.

    Focus on the upcoming drill program

    A lot of people bought millions of Ltr shares at 2c and 3c and became bored or impatient. Just imagine what just 2 million shares is worth now- 2 decent McMansions in the suburbs or one in the north shore close to beach or retirement 20 or 30 years ahead of schedule, avoiding the need to wake up early every day in the next 20 or 30 years labouring in the sun or mowing lawns or operating at the surgery table fearing being sued for malpractice . That’s the reason so many retail mum and dad investors in Ltr became multi millionaires. They educated themselves with the opportunity and potential. When the giraffe necks and squid tentacles were intersected, they stuck stronger whilst others cave in to downrampers. The rest is a lesson of wealth creation and still ongoing.

    Rdn has the closest semblance imo based on what we know so far. People easily forget the most important lesson in investing in exploration.


    What’s the difference between 4c and 8c? Not much in terms of drilling. We could well be 10c before drilling. And it still doesn’t define value of rdn tenements particularly the Andover south.


    But what do we now have?


    We now have the scale for a potential tier 1 considering 4.2km drilling prospect! All within stones throw and in the trend of T1,T2, and T3 targets.


    IMG_0769.jpeg



    We now have the outcroppings assayed and XRD proof, plus positive prospectivity of under cover soil test throughout the tenement. It’s screaming potential imo



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    Last edited by vmp: 27/12/23
 
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