spare a thought for those who bought 14 months ago when the gold mine was acquired and most people here went all in on the promise of the low hanging fruit . Those punters have just broke even.
price is basically back to where it was 14 months ago while the gold price in AUD has almost doubled and most gold stocks have doubled, tripled and quadrupled during that time .
if you are one of those short term traders who always pick the absolute bottom and picked RVR at 4.2 cents then you are a genius and it is a different story but the fact of the matter is this management has just produced its first decent quarterly result after so many disasters .
DYOR
RVR Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held