RDN 5.13% 3.7¢ raiden resources limited

Daily Discussion, page-1514

  1. 6,826 Posts.
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    AZS has drill results that confirm a large resource.
    RDN is still a virgin when it comes to drilling.

    So if AZS was sold for $1.5B, I doubt that immediately means RDN should be valued at $150m. I know others will mention the nickel deposit but until we see drill results with good thickness and grade, $150m would be a bit steep. That's just me being conservative as I've been bitten.

    I do believe RDN has a great chance at success and that is why I haven't sold a single share or option
 
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Mkt cap ! $100.8M
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3.5¢ 3.8¢ 3.5¢ $1.057M 29.37M

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No. Vol. Price($)
27 5074879 3.6¢
 

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Price($) Vol. No.
3.8¢ 1550908 13
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