RDN 1.79% 2.9¢ raiden resources limited

Daily Discussion, page-8329

  1. 5,776 Posts.
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    Dc,

    If the theory goes along the lines big brokers might be supporting, potentially as someone maybe interested.

    Then on success with drilling rdn is a prime takeover target.

    Maybe why they are there? Often takeovers are pre approved, just awaiting a material change.

    I think the key is the Ne rdn boundary with azures sw boundary.

    If azure get Li to there boundary and rdn to there boundary.

    We have deposit convergence.

    Logistically azure needs to takeover raiden if that is the case.

    If Li entered south of rdn, travelled Ne.

    Raidens soils and chip samples will be reliable due to flow.

    If Li came in other way, Ne to sw leaching without lodes would not be possible, more sw. Unlikely.

    There will be Li pegnatites. I've been prospecting for nearly 40 years and I put success here close to 100%

    One interesting fact, azure decided to drill more Ne in the swarm , than closer to Andover.

    Rdn did not have the ground at that stage. I've always thought azure did that as not to draw attention.

    On you're theory big brokers, there has been stable accumulation for sometime, and the ease back is on light volume.

    Technically we are also in a triangle pattern. A volume break next week may see 4c.

    No volume and likely stays low 3cs. Catalyst will be POW approval and drill plan.
 
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Last
2.9¢
Change
0.001(1.79%)
Mkt cap ! $88.49M
Open High Low Value Volume
2.8¢ 2.9¢ 2.8¢ $29.28K 1.045M

Buyers (Bids)

No. Vol. Price($)
13 2945556 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 944947 5
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