RCH richfield group limited

rch management holding back lol

  1. 4,892 Posts.
    Fantastic announcement today. However I have no doubt that management is holding back on more fantastic results for the other 210 meters on M37. I think I previously stated that M37 stopped at 410 meters about a month or so ago (I was pritty close). I am also very sure that M38 is complete and that drilling has begun on M39. RCH I think would be sitting on the results from a completed M38 hole also.
    I also think that we will find as of next week that we will have 2 drill rigs drilling.
    This is shaping up to be a WORLD CLASS deposit and management is not telling us the full story just yet. Obviously the big buyers have'nt got their quota of cheap stock yet hence RCH is telling us as little as possible. The buying is there but if any big buying comes on the screen or off the screen the share price will push up very quickly even in these horrible markets. Going forward RCH has some very high grade so I'm sure the share price will eventually reflect the grades.
 
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