RDN raiden resources limited

Ann: Andover South Drilling Update, page-1214

  1. 289 Posts.
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    Exactly, Jay. Also, apparently we are in league together and are deliberately manipulating RDN's holders to reduce the share price - did you get that memo? Apparently anyone who gives any contrary view has "crook" intentions - give me a break.

    I think at this stage people just need to calm down and wait until the announcement. Not much we can do, unless you wish to sell to manage your risk (which is a very fair and reasonable consideration at this stage despite some of the posts in here telling you to buy up). For those accepting the risk and taking the punt (a massive emphasis on 'punt' - people, please manage your expectations), we just have to wait and see.

    The insider trading post was annoying because unfortunately only time will tell what the truth is. I understand people's frustration given that the insider trading post correlated with a significant share price fall and it does appear that the poster only backpedaled to cover themself. Personally, I am not giving the post much weight because if it was insider trading then how did it occur? It is unlikely that the laboratory scientists have contact with the traders and if it was Dusko then why has he not released this information yet and why would he risk exposing himself to insider trading allegations? Maybe if RDN's geologists did some form of preliminary analysis? Who knows.

    The announcement should not be far off. Fingers crossed it is a big win for investors. However, I am also bracing myself for (lets be realistic, the probable) event that it is not the discovery we need and we witness a significant reduction in our share price.

    Again and for the millionth time, I am currently holding after divesting my portfolio for risk management reasons as I personally have observed too many red flags since and including the capital raise. My sentiment at this stage is that if you are risk averse or cannot afford to lose your position then you should probably sell. If you are willing to take the punt, then hold.

    Subject to no rude posters that triggered this post, I do not hope to be back until after the announcement.

    GLTAH

 
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