RDN raiden resources limited

Ann: Pegmatite extensions confirmed & visible spodumene in core, page-893

  1. 289 Posts.
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    It is what it is. We all knew it was just a punt and that we were investing (cough cough gambling) in a speculative junior explorer on a nearology play. It was always a massive gamble and people telling themselves it wasn't are either delusional or lying.

    It would have been epic if they found a huge deposit and this stock was a Disallowed but it wasn't and everyday we get more indications that it won't be. Today it was a massive sell-off by most likely a top shareholder, and Dusko and team not exercising their options.

    I salute people staying in but just be wary that this stock could fall to mid 1s if no good results. There a cheaper ASX listed lithium juniors with a lot more lithium than RDN. RDN will continue to fall as investors lose confidence of there being a good discovery at Andover. 0.5 cents is realistic, so people holding just be wary. I hope it turns out well and best of luck all.

    GLTAH

    Jar Jar
    Last edited by JarJarDrinks: 05/12/24
 
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