Australia's largest stock trading and investment forum Australia's #1 stock forum

RVR

Click for more information

0.00%

7.3¢ red river resources limited

finally whisky49!!! lets seemif you can bump us up to around 24c...

First 20 Last

Share
Profile

Follow
Beachlover

2,297 Posts.

326

21/01/22

07:56

Post #: 59028083
Share

Originally posted by Whisky49: ↑

Yesterday's announcement simply establishes that they have found mineralisation where drilled, it may lead to something bigger or may not but 2.3 % ZINC Eq isn't economic and that grade will be based on today's high prices.

Given the strength of commodities , the likelihood this quarter is almost certain to be an improvement on the previous one and likely some positive announcements in the near future I will be dipping will dip my toes back in today for a partial return... I'm doing that on the basis of a combination of Far West and eventually Hillgrove maintaining adequate cashflow and repaying debt. Liontown will be an expense for at least another 12 months IMO.

As always I have no idea what the shareprice will do or the markets in general but I feel the downside is limited at this stage...

Cheers Whisky

Expand

finally whisky49!!! lets seemif you can bump us up to around 24c today....all depends on how much you dippin in for but I think you have finally realised we aint gonna go down to the teens with these comoddity prices.....

good to have you back....show me the money!

RVR Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

WAF

West African Res jumps on claim mine safe under Burkina Faso's junta; HotCopper ponders Russia

OCC

Orthocell wins first international approval for nerve repair product

DRO

Droneshield shares move up on $13.5M US govt contract

LMS

Litchfield boosts its copper, base and precious metals footprint in the NT with acquisitions

TMK

TMK Energy kicks off drilling for new pilot wells in Mongolia's vastly underexplored Gobi

There are more pages in this discussion • 77 more messages in this thread...

First 20 Last

Add RVR (ASX) to my watchlist