RED 0.00% 37.0¢ red 5 limited

Ann: Record monthly gold production at King of the Hills, page-104

  1. 181 Posts.
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    RED5 will have their share price pegged at between and $0.125 and $0.155 over the next 6 months. (regardless of record oz produced. lets remember they have Hedged at $2300/$2450 from memory so with gold at $3000 aud at present they are missing out of $600 for every oz under the Hedge contract.)

    We would be lucky to get between $0.20 to $0.25 a share when GMD strike.

    for the record I hold both GMD and RED
 
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