RDN 6.45% 3.3¢ raiden resources limited

Noticing good spillover action in RDNs adjoining neighbour ERW I...

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  1. 6,333 Posts.
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    Noticing good spillover action in RDNs adjoining neighbour ERW I hold both and both have reported outcropping pegmatites. Due to the very small market cap of ERW it does look to have great leverage and moreover its lease not only wraps around RDNs 4061 and 4062 lease on 3 sides but also also directly adjoins AZS lease on some of the latters southern flank ( as does RDN) and as well on the AZS western flank.
    One interesting thing to me is that as you go south from the AZS lease it seems the soil cover increases and masks whats below to some extent. This has been reported for the RDN 4061 lease and so likely it will apply to the surrounding quite large ERW lease. At some point of time I think ERW and RDN will use GPR ( Ground Penetrating Radar) as other explorers have done to help see whats under soil cover. Could save a lot of money as opposed to pin-cushioning the areas with umpteen AC/RC driil holes.
 
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Last
3.3¢
Change
0.002(6.45%)
Mkt cap ! $103.2M
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3.2¢ 3.3¢ 3.1¢ $342.9K 10.71M

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1 200000 3.2¢
 

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Price($) Vol. No.
3.3¢ 5325629 15
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Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
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