RDS 0.00% 0.3¢ redstone resources limited

I've picked up a few over the last day. It has limited cash but...

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    I've picked up a few over the last day.

    It has limited cash but the Tollu copper nickel project has great potential. Older ann mention 'Voisey Bay-style' cu/ni potential before it became de rigeur to own one of these in a micro cap p/folio i.e. following Nova.

    Mgt has been all over the shop but whenever a large s/holder seizes control of the reins, then you often get a re-focussed effort. He also seems well connected in WA given he is the head of the WA Racing Council.

    So my theory is that this bloke (van Heemst) can raise capital on the back of SIR mania for ‘Voisey Bay’ ni/cu style plays and using his WA connections. in the meantime, there is a bit of coin raised from the Brazilian assets to tide things over.

    If this comes off, then the drills have already hit plenty of cu in the feeders and the geology is pointing to the potential for a cu/ni conductor to be the source.

    Best is that there are already a host of drill results for Tollu.

    Multi-bagger potential if Mr van H can get some runs on the board on the corporate side of things.
 
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