RGL 0.00% 0.6¢ riversgold limited

Tough spot for holders here. Came up on a scan today and have...

  1. 4,261 Posts.
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    Tough spot for holders here. Came up on a scan today and have previously held this. No cash in bank and CR will be imminent. And a program at Queens that could be seen as not ideal having not seen anymore cores sample images from the rest of the holes. The initial cores looked nice but I didn't get any vibe from the report that they we're going to be gangbuster. Now everyone waiting on the assays. But will people buy this. Not so sure.

    The tough spot is. If the news is good it may snap straight into a TH for a CR. And if the news is bad. It will likely do the same so what do you do. No doubt many just have to roll the dice being in the red. May roll the dice myself next week for a small position.

    Really compressed tight on the RSI 30 TL there on the weekly. idealy want to see it smash south with SP move up. Not both going down together. Good luck all lets see what next week brings.


    https://hotcopper.com.au/data/attachments/3468/3468014-c3038a6415fe9b112cbfcb8b2efe7e34.jpg
 
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