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7.3¢ red river resources limited

Ann: Red River increases Liontown contained gold by 125%, page-21

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10,625 Posts.

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11/03/20

15:57

Post #: 43430245
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Originally posted by neptune61 ↑

Sometimes reality will show what charts don't. We have a seller getting out of their 5% shareholding. They sell into good announcements and by doing so keep the share price down. Funds have many pressures on them. When times are good they get money thrown at them, when times are bad they have big redemptions. Best guestimates seem to show that they must be running low on stock, so the selling should stop and that constant pressure downward also stop.

I have bought more today and will continue to buy., It will be interesting to see the next Top Twenty because I think we will be welcoming some new members to the list.
Cheers

Neptune

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have to have about 4.5mill to be in the top 20 so It will be interesting if any existing shareholders see good value here and have topped up enough to issue a change in substantial holding

RVR Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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