RVR 0.00% 7.3¢ red river resources limited

30 Cent Wall, page-38

  1. 9,509 Posts.
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    I just wonder how this works with the current share price of $162 million or so.
    Hillgrove has around 1 million oz gold so far and antimony and tungsten on top of this plus the gold at bakers creek.
    Drilling will give us plenty more to add to this resource as we have seen today, and with gold in the ground at around $200/0z we already have a Mcap of $200.000 for the gold at Hillgrove alone.
    Not mentioning that we have a mill ready to take that gold with all the infrastructure needed.
    And the latest drilling results were only a few meters distance from the Mill.

    Does that mean if you buy RVR does Hillgrove comes in for free or does Thalanga comes in for free?

    For me, this only means one thing: RVR is dirt cheap.
 
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