RDN raiden resources limited

Novac,I do not think a mre would matter. Azure would roughly...

  1. 6,114 Posts.
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    Novac,

    I do not think a mre would matter. Azure would roughly work out a resource. Roughly because drilling I'd assume will be widely spaced.

    Its about strike, if open and potential.

    If they cover zone 1 and 2 until closed in length, plus some of zone 7.

    That is the best they will cover with 15,000m.

    I doubt if the system is deep, they will close off depth with this 15,000m either.

    What I hope for around zone 7, is trend changes, and indicates a ns trend.

    Early indications are it is on a different fault to that of zone 1 and 2 as different strike.

    I doubt they complete 15,000m by end November if a second rig is not already drilling presently.

    If what raiden has is identical to what azure has, it most likely is the sw portion of their deposit.

    The buying today was accumulation. It stopped because the sell lines near the action did not bulk up to 5-7m shares to warrant another buy.

    Generally when accumulating you want qty per line, but without buying out more than one line at a time.

    They may allow drift on low qty, wait till decent qty builds before line wiping it again.
 
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Last
0.4¢
Change
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Mkt cap ! $13.80M
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0.4¢ 0.5¢ 0.4¢ $30.16K 7.387M

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No. Vol. Price($)
85 49580103 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 17688676 19
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
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