RVR 0.00% 7.3¢ red river resources limited

in closing...., page-2

  1. 257 Posts.
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    Thanks BL. I wasn't that excited about the Indium to start off with, however, with the change out in US politics and the recommitment to the Paris Climate Agreement, the outlook for Indium could be very fortunate indeed as its used for solar panels/renewables. As we all know, when the "in metals" get short on supply and prices escalate...for example lithium, cobalt, vanadium, PGE's, share prices of these companies usually go on a significant tear, look at Chalice...20 cents to $3 + this year. The thing is that most of the companies don't have operating assets to back them up in terms of cash flow. RVR, with close to two operating mines, a history of successful mine development, and a strong resource base, is exceptional well placed to capitalise if the Indium market goes boom...infact...if this was to be the case...who knows what the share price would go to. AIMHO and DYOR.
 
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