RDN raiden resources limited

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Ann: Arrow Gold Project Aircore Drilling Results, page-107

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Bogranjac

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26/02/25

12:32

Post #: 78033503
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Originally posted by mode1971: ↑

Shark,

Public announcements are only end results in a long chain of events.

At the moment quiet because they will be planning.

This may involve.

1. Imagining.
2. Soil sampling.
3. Chip sampling.
4. Analysing prior drilling data.
5. Heritage clearance.
6. Pow
7. Drill planning.
8. Weather.

Unfortunately many view silence as doom, they look for negative events as cause to it.

When alot is occurring, just not in view.

I bet there is work going on in relation to vuzel and Andover.

At arrow, rc most likely below bedrock is in planning. The aircor there only tested surface soils to bedrock.

I'd assume looking for gold, but more along the lines of erosion.

When gold shifts via water from primary to secondary, if it erodes out of primary deposits above bedrock, it will settle on bedrock, the gold can not travel though bedrock.

We got traces of gold in a few places, meaning gold exists.

If the traces were primary, I'd worry, but they were secondary, which is okay.

The main thing is they have 16m cash, many smaller explorers only have a few million or less.

The other is Mt scholl and arrow, the expenditure, cash burn is not coming out of raidens bank.

Having 4 projects, with only vuzel and Andover they need to fund is a good position.

Especially when trading 4m cap over cash.

Raiden is certainly not over valued presently.

If they have success at Andover, few hundred meters south, south/East of prior drilling.

Just watch this flip and dusko will be thanked.

I explore, often hundreds of kms from anybody, and have had times where I have not seen anybody in a month.

Silence can be nice as in today's busy world it is rare.

Maybe why silence from raiden I'm not fussed about from that angle, and the other knowing the cogs are turning behind the scenes.

Ie. Silence from me when exploring, but I am progressing silently.

Expand

I have to give you credit Mr mode1971 you can find a silver lining in the darkest clouds.

'Having 4 projects, with only vuzel and Andover they need to fund is a good position.'

'Especially when trading 4m cap over cash.'

But are they worth 4m ?

'Silence can be nice as in today's busy world it is rare.'

It certainly is a most junior Goldie's are out there trumpeting their progress and announcements to the market and SP.

RDN Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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