RVR 0.00% 7.3¢ red river resources limited

RVR, page-15

  1. 843 Posts.
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    https://hotcopper.com.au/goto/post?id=58293575#post-58293575
    "The one thing I will tell you is this is the quietest this RVR forum here on Hotcopper has been for a long time. No one has posted since Friday...."

    Not much to discuss here really until RVR finally have something positive to announce. Sadly long term holders have been punished with 40% of the value having been wiped off our holdings this year, but I'll bet management haven't returned any of their performance bonuses or shares etc.

    Unfortunately our stagnating SP isn't going to improve until the Royalty is finally closed out, Hillgrove is consistently pouring gold, and RVR start generating decent profits once again - and who knows how long any of that might take? Guess those few of us left hope that our SP is truly at the bottom, thus the potential outweighs the risk of trading out low and having to buy back in at a higher price later - as the company really does have genuine exploration targets and good mineral assets, but it's getting them through the mill and out the gate that counts. Alternatively, I wouldn't be adverse to a decent TO offer either (lets say 40c per share), is that price too wishful?

    Must admit I'm getting tired of the 'things will be better next quarter attitude' by management, how about kicking goals every / most quarters RVR. So much for 50c by xmas, maybe xmas 2022, or...
 
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Currently unlisted public company.

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