RDN 3.45% 2.8¢ raiden resources limited

I think the lack of market responsiveness on the Tabba news...

  1. 123 Posts.
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    I think the lack of market responsiveness on the Tabba news could be because the announcement doesn't hold much 'substantive' information.

    In all, the Co's decided that a tenement warrants further exploration - which is great - but, that's why they got it in the first place, right? To fossick about and see what's there.

    And, 30km away from known Li deposits is a bit far for a nearology play.

    Don't get me wrong, the presence of greenstone could be promising. But that's about all that seems to be offered on the information presented - hope on the horizon.

    Seems like the making an announcement for the sake of making an announcement, in a way.
 
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