RDS 0.00% 0.4¢ redstone resources limited

Hi Koala, On your comment you suspect there is a decent...

  1. 29 Posts.
    Hi Koala,

    On your comment you suspect there is a decent resource....mmmmm......the facts are a little different.....
    This company published there JORC Mineral resource estimate at 38129 tonnes of copper however this the breakdown

    31048 tonnes Inferred
    7081 tonnes Indicated.

    The market hold very little weight in terms of value to a resource if it is Inferred.

    So after all the grandious announcements from the Directors...
    Significant results
    Outstanding copper results
    Further outstanding
    Significant


    we are left with 7081 tonnes of copper indicated.

    As a previous poster commented....we we sold a lolly or what?

    A note to the directors start under promising and over delivering not the other way around.
    And fix your pathitic website up...at least act as if you care about shareholder value.
 
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