market depth, page-2

Yes very unusual not the thing you would usually see from a broker acting for someone.
Possibly someone hoping to pickup a chunk of the company cheap thinking that there may be a few sellers getting out before the end of the financial year maybe.
Trying to prop up the price to exit is another possibility.
Someone else mentioned chinese??
Well they don't have much to offer so that seems unlikely.
Unless as has happened in the not too distant past we have not been informed on any developments with the company. More than likely for us mushrooms......
Cannot see any movement with any of their joint venture companies so no clues there today.
We shall have to wait and see i guess.
35cents and i can get out square.Fat chance.......
On the bright side they said mid june for news on the negotiations with NWME
Last ann:
Range River Gold Ltd (RNG) is pleased to announce it has signed a Memorandum of Understanding with the Northwest Mining and Geological Exploration Bureau for Nonferrous Metals (NWME) in relation to an exploration farm-in agreement on RNG’s Indee tenements. RNG and NWME are also in discussion with respect to opportunities for joint venture arrangements on other properties.
The NWME will be undertaking due diligence on the Indee property and the other opportunities with formal joint venture negotiations planned to commence in June 2008.
The NWME is based in Xi’an, China. The NWME has been a successful explorer and developer of gold, base metal and ferrous metals in China and in particular the Shaanxi Province.
NWME was founded in 1957 as a department of the Ministry of Metallurgy, Peoples Republic of China. Now wholly owned by the SNG Group, its main business is to explore and develop mineral resources in the Shaanxi province and overseas.
In China NWME is one of the top five exploration and mining Bureaus, among approximately 100 provincial Bureaus, in terms of revenue and technical capacity. Employing more than 6000 employees including 800 geologists, technologists and engineers, NWME was the first Bureau in China to conduct exploration projects in partnership with companies from Western countries (including the Canadian companies Teck Cominco and the former Placer Dome). In recent years, NWME has been actively involved in overseas investment; it has exploration projects in a number of countries including Mongolia, Argentina, Indonesia and Guinea.
NWME in partnership with Jinduicheng Molybdenum Group Pty Ltd recently entered into an Acquisition Agreement with Yukon Zinc Corporation.
The Managing Director of RNG Rick Watsford said:
“This potential joint venture with the NWME could allow Range River to realise value on the Company’s extensive and highly prospective Indee tenements.
We look forward to developing our relationship and working closely with the excellent people at the NWME as a cornerstone to our New Beginning strategy”.