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7.3¢ red river resources limited

Ann: Gold Potential Revealed at Thalanga, page-83

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10,625 Posts.

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04/02/20

10:37

Post #: 42732556
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Originally posted by Sweetsound ↑

Not sure of a whopper of a quarterly - zinc, copper and lead all down. Production needs to increase a lot to offset.
Positives - exchange rates and some hedging in place to cushion.

In the short term at least need to access some gold for revenue.

In the current environment the legal matter finalization may not make much difference - just look at Hillgrove - since its acquisition share price has nosedived. Cheap to buy, low hanging fruit, good prospects and yet market snub. Same with Thalanga - more drilling, more results, more snub. Someone just keeps capping and lowering MC. Why, is the question? Manipulation?? Is so, for what reason??? This should be north of 30c.

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This might help,
Using my latest broker data this is what I get for those that haven't blocked me for having a balanced view..

RVR Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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