RDN 0.00% 4.4¢ raiden resources limited

Daily Discussion, page-4245

  1. 2,619 Posts.
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    Quite a few differences though, noting I held that stock and fortunately sold in the green after those results.

    In RDN’s favour:
    - next to AZS, hot stock and future mine, meaning infrastructure and milling options and owners will likely want to consolidate ground nearby
    - AZS pegmatite trend projects onto RDN’s ground
    - RDN pegmatite is visible on surface, which de-risks it and will result in improved mining economics
    - pegmatite widths will be wider than TG6, based on surface mapping and AZS
    - RDN rock chip samples contained high grade lithium, helps to de-risk it and showed a higher tenor than TG6
    - external validation of drill targets by CSA, respected consultants
    - RDN has other good prospects away from Andover


    For the person who sold LTR at 2 cents, I know the feeling. I sold a bucket of CXO at 5c and DEG at 20c.
 
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