RVR 0.00% 7.3¢ red river resources limited

Ann: Red River Resources June 2021 Quarterly Investor Webinar, page-103

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  1. 265 Posts.
    lightbulb Created with Sketch. 64
    not true

    the commodity prices have driven the share price- mgt has not- the share price is at the same position when they bought hillgrove yet the commodity prices have risen by at least 40 %

    what has driven the share price down is the mis information about Hillgrove and how much gold was meant to be in baker creek heap

    what will drive the share price up

    - finalise the royalty issue

    -declare Hillgrove a commercial operation

    Scream to the market what company with ebitda of 31m is only valued at approx 85M -ridiculous valuation even if Hillgrove just breakeven

    in my opinion until these issues are resolved the share price is held capture to sellers driving it down
 
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