RGL 8.33% 0.6¢ riversgold limited

Ann: Tambourah and Mt Holland Lithium Exploration Update, page-7

  1. 427 Posts.
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    today announcement is perceived as a quick update, tasteless. No details of drilling provided such as visual samples etc. in this current market, visual samples is important, it proves more than words !

    Those people participated in the cap rise probably expected better announcement, therefore sold down . ( but sold down with losses ???)

    Unless the offloads were done by investors who got the shares in the 2c range, any sells recently would be a loss.

    CR was done at 0.036 and oversubscribed within hours, any price below that is a real bargain to me, please DYOR !

 
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