The village idiot is on the loose again, unfortunately he’s on a one man crusade against Rvr, its management and shareholders .....which is surprising given his ( unsupported ) claims about how much he has made.
Me on the other hand have always been positive about Red River and it’s prospects ... admittedly there has been some ups and downs at times like most mining operations along with issues beyond managements control, the shareprice previously collapsed on a technical more so than a fundamental level IMO and was never warranted .... hence my lack of concern and continued buying.
Given mines, processing plants, a solid jorc2012 resource base, large exploration tenements in geographically safe, stable govt areas, restart of Gold production within months, newly added high grade silver leases, in a high price gold and silver climate means potentially a lot of developing upside to me.
I never post my trading but given the upramping and sucking in newbie claims rather buying myself , thought it was justified to defend my previous comments .... window closing on gold production restart, catalysts being drilling results and commodity prices and my own sentiment that Rvr are being noticed more in the market .... you included.
Good luck with your decision.
Wassa.
P.S. Also look at Director purchases late last year, volume and price.
RVR Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
