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RVR

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7.3¢ red river resources limited

Don't sweat it, page-5

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neptune61

2,005 Posts.

277

05/09/17

09:55

Post #: 26997825
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Originally posted by JID ↑

Morning Guys,

Everything's going well here fella's ... no need to sweat it or get impatient. RVR is doing everything it should be to get into production and incent key people to put in the extra yards and to stick around LT. Shareholders will get their reward in time.

RVR is coming into production just at the right time. Zn is at multi year highs:

View attachment 714759

Stockpiles are continuing to fall:

View attachment 714762

And this slide from NSU's most recent Deck shows that the situation is not going to improve any time soon:

View attachment 714765

And from Mac Bank's recent Commodity Cycle graphic:

View attachment 714768

After years of a bear market for industrial metals we're now seeing the result ... supply is insufficient to meet even the world's modest demand growth and this cannot be turned back on like a tap. There is a massive hole in the development pipeline that will continue for years despite price increases.

RVR is one of the few VMS mines coming into production in this environment and with very good prospects to add reserves and resources due to the changing price parameters (low grade) and from the multiple greenfield and brownfield exploration that the company is doing and will likely increase once the mine/ mill is producing at steady state.

Patience will be rewarded with RVR:

View attachment 714774

(Assuming you don't get eaten by a bear in the meantime)

Cheers
John

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Hi jid (John)
Thank you for a fantastic post. It says it all really, I particularly like the last bit about long term thinking. Several times over the last couple of years I have given a bottle of Squid Ink away for what I consider a relevant, well written and good fun post. Today it is your turn. Please send me an email to [email protected] and it will be my pleasure to send you a bottle.
Best regards
Neptune

RVR Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
18 Upvote

0 Great analysis

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