RVR 0.00% 7.3¢ red river resources limited

bring on the drilling results, page-9

  1. 257 Posts.
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    Its hard to compare with the other projects as obviously we have Thalanga....but at Hillgrove we have a Mineral Resource of 3.0Mt @ 4.9 g/t Au & 1.6% Sb (477koz Au and 48kt Sb) (2012 JORC Code) and then about another Mineral Resource of 3.9Mt @ 4.7 g/t Au & 1.3% Sb (597kozs Au and 50kt Sb) reported in accordance with the 2004 JORC Code. If we only get half of the JORC 2004 into 2012, that's material. As far as I can see the market is still only valuing Hillgrove at the $4M acquisition price. The company is being penalised by doing a great deal! Must be the most undervalued resource company on the planet. AIMHO. DYOR.
 
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