From what I understand, a lot of the fund managers who bought into RVR have been switching to NCZ because the resource size is perceived to be almost 10x bigger for NCZ. Other institutions have been piling into NCZ recently as well hence their massive share price gains.
It does explain the relentless selling and weakness in RVR during the last few months.
I am still a big believer in RVR, hare vs tortoise thing , plus I think we can increase the LOM over time.
The management of RVR also seem to be the quiet types going about their business whereas the other guys love to post on Twitter and are much more promotional
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