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7.3¢ red river resources limited

Wassa, your are correct with those risks. I took offence to your...

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beconstructive

59 Posts.

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17/04/19

07:38

Post #: 38172674
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Originally posted by wassa: ↑

Dear Plext & Wassa - If you don't want to contribute constructively just keep quiet. One would otherwise have to question your motivations?

Gross generalisations of risk (i.e. Wassa's post) and "investing is risky" don't help a great deal either.

Beconstructive,

I was being constructive and I wasn't generalising. The 3 issues I raised in regard to your bear case scenario would be some of the most severe that could affect a companies performance.

Mine fall in.
God forbid a fatality.
Enviromental Disaster.

Maybe you was expecting something a little softer like coffee machine out of order.

Clearly you have a limited knowledge of mining if you're asking these questions....so it may prove beneficial to listen rather than be dismissive.

It might also prove beneficial to understand the business risk prior to investing rather than later.

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Wassa, your are correct with those risks.

I took offence to your supercilious tone and recommendation on bank stocks, and now your 'don't buy unless you know it all' recommendation.

If I can put my "risks" question another way. Why is RVR trading at less than 2x EV/EBITDA (based on last Qtr EBITDA) when other producing companies are trading at higher multiples?

RVR Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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