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7.3¢ red river resources limited

Good post Bucko. Yes I doubt a $500m market cap is relevant for...

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wassa

3,585 Posts.

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24/04/22

23:18

Post #: 60998553
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Originally posted by Bucko1: ↑

Classic..
One quarter I don't believe we can say this is a 500M MC company..to get close two things need to change...

1. 1 Year of production numbers with out many hiccups. Prices on gold zinc etc are prime for this.

2. A lot and hell of a lot more details to shareholders...ie let people know what is happening. This has been lacking for a long time now, how can you expect new shareholders interest and MC to rise if people don't know what's happening. Uncertainty brings doubt...yet on flip coin good results and announcement's bring optimism and awareness of what RVR could be ..

Finally I have noticed over the last few years the PR is abysmal as mention above, RVR can and will be a winner in my eyes but it's a buy now and forget...not for one year, not for two...5 years good 10 even better.

All depends on your goals and investment. If happy to sit for that long all good, but at moment there's lot of other small miners doing a lot better things and a lot quicker.

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Good post Bucko.

Yes I doubt a $500m market cap is relevant for a mining company with a mine life of 12-18months operation at one operation, and a 250kpta mill at the other start up, even with astounding commodity prices.

I also agree with your PR comments, when investors learn more from Seek than what has been forthcoming from the company, you may have a problem. I also noticed they are still searching for Randy’s replacement since him leaving in December.

Last edited by wassa: 24/04/22

RVR Price at posting: 24.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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Good post Bucko. Yes I doubt a $500m market cap is relevant for...

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