RVR 0.00% 7.3¢ red river resources limited

Proactive interview with Mel, page-16

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    Mel has previously mentioned any interest in another mine would require copper, gold, as a by product to act as a hedge, to flatten the income curve rather than the volatility of mining a single ore deposit.

    These guys have shown discipline in their approach and RVR would only pursue another mining venture if it was a very opportunistic purchase, at a fire sale price imo. Unlike other companies I don't think you will see Mel and Donald Garner buying at the top of the cycle. As operators they are far too astute for that.


 
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Currently unlisted public company.

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