* last Saturday:RED RIVER (ASX:RVR): Trading at 22.5c...

* last Saturday:

RED RIVER (ASX:RVR): Trading at 22.5c for a market cap of $116m. Canaccord has a 35c price target on this established (and expanding) base and precious metals producer.Its zinc exposure comes from its Thalanga operation near Charters Towers in Queensland where the zinc comes with copper, gold and silver. Credit those metals against the zinc, and its zinc comes for less than no cost.It’s earnings in the December half were as good as you like for a company with its market cap at $22.4 million. Exploration upside is an ongoing story, and the company is preparing to add a gold-antimony leg by returning the Hillgrove gold-antimony mine near Armidale in NSW to production this year.