RDN 9.09% 2.4¢ raiden resources limited

Its all about personal strategy and risk appetite re oppies and...

  1. 6,482 Posts.
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    Its all about personal strategy and risk appetite re oppies and understanding the risks.

    Personally,I hold shares & OA'S.

    At SP 7.5c ill sell 1 million shares and exercise 5 mill OA'S thus converting them to shares and adding $75k to the company coffers.

    Ill then carry 7mill shares into the drill campaign which I expect to be early next year.

    Rushing into drilling should not be a strategy imo.

    Proper systematic field procedures need to take place in the interim to identify the optimum drill positions.

    Mapping,rock chip sampling and assaying,LIDAR etc all offer significant upside for SP.

    Then we have our neighbours AZS setting the world on fire and that will be a tail wind.

    Add the companies other significant assets and divesments & JV's look likely which could in themselves provide big upside.
 
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