Hi Bizzo, good to hear from you, and once again agree with your view.
IMO RED management has delivered everything now to ensure that it will soon be rated as a SIGNIFICANT GOLD PRODUCER from a LONG LIFE, LOW COST MINE at Siana.
What happens at Mapawa, whether it will absolutely DWARF Siana is about to unfold in the next months. Drilling is about to start if it hasn't already done so.
The 31 Instos and Funds that have put in the first $15 million just 2 days ago at 15.5 cents have not got their sights on making 0.5 cents spread, they are a group of long term supportive investors, prepared to undertake the next leg at 15.5 cents to raise ANOTHER $30 million in the next month.
Its ironic that RED is still priced as though it were a spec gold explorer, not a company with a 850,000 ozs gold RESERVE, due to come on production in the next 12 months thereabouts.
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30.5¢ |
Change
0.015(5.17%) |
Mkt cap ! $2.074B |
Open | High | Low | Value | Volume |
29.0¢ | 31.5¢ | 29.0¢ | $6.131M | 20.29M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 1710117 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 290135 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 1710117 | 0.300 |
11 | 1296860 | 0.295 |
15 | 722402 | 0.290 |
30 | 1292788 | 0.285 |
31 | 1212793 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 290135 | 11 |
0.315 | 805152 | 11 |
0.320 | 1058714 | 15 |
0.325 | 522609 | 11 |
0.330 | 885886 | 13 |
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