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7.3¢ red river resources limited

Ann: Appointment of Administrators to Red River Resources Ltd, page-59

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joca

1,825 Posts.

157

05/12/22

14:17

Post #: 65155552
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Originally posted by wassa ↑

Hi Joca,

With increasing costs across the industry and others miners struggling I am sure it was a major consideration. With a small tonnage mill it would be hard to lower the unit costs. After 4 years of ownership you would think they had had enough time to consider the best way to go about it. Maybe it’s just too hard as previous operators had found out. Wish you luck I know you have had a few unlucky experiences. Junior investments can be somewhat difficult at times.

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yes thanks Wassa I am lucky I only invest smaller amounts in these small caps.
A couple of stocks I own more than make up for the ones in administration .
Hopefully MYL relists soon I know you were a holder,
John Lamb seems to have pulled off a miracle there .
Not looking good here though

Last edited by joca: 05/12/22

RVR Price at posting: 7.3¢ Sentiment: Hold Disclosure: Held
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