RED 2.70% 36.0¢ red 5 limited

Philippines Sianna.....OGC Advises Didipio FTAA Renewal, Provides Operations Update, page-29

  1. 76 Posts.
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    Hi all,

    My first post i think.

    I have been an investor in Red5 for over 15 years now and will continue to support them. There is only one thing that will drive this company up is gold produced. Nothing else. They have several deposits that is riddled in this commodity and potentially has within it's reach over a million ounces over the coming years.
    I don't see it any other way. One mine is struggling to come to meet expectations but is providing a cash flow that is keeping this company treading water.
    Once the power is turned back on at Siana, and KOTH ignites, this company will be well and truly established.

    I'm not convinced the board are doing a bad thing yet or underperforming. It to me has to progress the company to the gold room.

    Anyway my thoughts only. I wont be going anywhere near the sell button. Not for a few years yet.

    Regards



 
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