RDN 0.00% 2.2¢ raiden resources limited

Daily Discussion, page-7931

  1. 1,079 Posts.
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    Everyone is wondering why the company has gone quiet, and no response from your communication attempts? How do you think release of news into a depressed Lithium market with added global recession jitters, would go down? I think you'll see many companies holding off announcing anything of importance as it will be lost in the noise of global downturn. In that sense, it no longer has material impact on the value of the company and there is no urgency to release. There has been an overabundance of permitting and PoW style releases which didn't need to happen. I guess they bought time.

    Given the situation right now, and that which may be unfolding, it would be typical to conserve cash, as raising money has gotten all sorts of hard too.

    Anyway, all just my opinion. Don't assume incompetence because you are not hearing news, it is likely strategic. Unfortunately the timing was just a little off with the Raiden Lithium and Nickel stories, but hopefully the Lithium prospects will have their day. Definitely a long-term play now.
 
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