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7.3¢ red river resources limited

Ann: Quarterly Activities and Cash Flow at 31 March 2018, page-175

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12/07/18

00:28

Post #: 34288134
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Originally posted by Zeeshan ↑

While i am on a roll i would point out that one of the golden rules of investing is that someone will always know what is happening within a company. Is it only a coincidence that RVR reached it's top at 41 cents in late Jan/early feb when the production problems started to occur. There was heavy turnover during that period and the stock is now down to 27 cents, a 34% decline. The zinc price in A$ terms is down less than 10% during the same period.
The ASX should insist that one mine companies give forward production guidance for the coming quarter. RVR is able to provide cash flow data for the coming quarter, why not production data. Shareholders getting production data almost a month after the end of the quarter is not good enough when people in the know will have traded long ago.

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how did you know all this back in May?

what are the next week's lotto numbers?

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Clearly you have pointed out the signs why we sold out with a high 30s average .

RVR Price at posting: 22.5¢ Sentiment: Hold Disclosure: Not Held
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