Make up your mind dude,
Is it because of the POZ or the performance of the management that the share price has almost doubled in the last 3 weeks?
You believe that RVR share price has followed the price of zinc but credit to the management for doing a great job and delivering a great result?
How about so many poor back to back production numbers of the last 8 quarters before this recent one?
How about the continuous decline in cash since RVR got into production ?
How about the number of maintenance issues, mill break down, crusher break down, contractor mismanagement this company has gone through in the last 2 years which has nothing to do with the POZ.
What about over promising and under delivering every single quarter ala "low hanging fruit" at the time of Hillgrove acquisition 15 months ago?
The cheer squad will call RVR a zinc producer or a gold producer or a multi commodity producer and throw the price chart of a particular commodity which ever is best suited to the argument. Just take your pick. lol
Why dont you compare the chart of the gold price and RVR share price since the time Hillgrove gold mine was acquired.
The RVR share price has only gone up as the company has met or exceeded the production target which has resulted in increasing the cash balance and repayment of the debt, winning the market confidence and this is all what the market was looking for. If this company had gone through another mill break down, crusher break down, poor production numbers, contractor mis management or any other problem they have always had, the share price would still be stuck in the mud or going back wards , irrespective of the POZ .
