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0.4¢ redstone resources limited

Thanks mate appreciate the response.Will keep an eye on it and...

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FearTheGreed

235 Posts.

56

11/12/21

07:56

Post #: 58227832
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Originally posted by sunnydayz: ↑

chairman has invested into the (millions) so I'm told. Well connected insiders (Canada). management run on an oily rag. The issue with the stock price is the ability to secure a suitable rig and crew to complete the 5000+M of planned drilling at EM5 (previous drilling 95M @ .006%Cu sulphides) Unfortunately the majors have vaccuumed up all the drilling resources in WA and are holding onto them (exploration boom) so to compete with them is near impossible. Richard and Co are no dummies, they have the right prospective ground and a plan going forward but because of these delays with the deeper 250M RC rig and personal unavailable we have lost the momentum. and hence the current cheap MC. traders have flogged this one from 1c to 2c multiple times this year its frustrating but, the grade is talking and imo its a solid hold for me. Hopefully a rig secured December January to complete the program. Results from hand helds maybe end of Jan (long lead time at labs everywhere) patience required here, T10 holder I'm confident this will repay loyal SHs GLAH

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Thanks mate appreciate the response.

Will keep an eye on it and consider a holding.

RDS Price at posting: 1.3¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $3.701M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
16	14118298	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	1831549	2

View Market Depth

No.	Vol.	Price($)
16	14118298	0.003
11	9828690	0.002
6	8000000	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	1831549	2
0.005	7979417	8
0.006	3556506	6
0.007	1066780	3
0.008	621100	2

Last trade - 16.12pm 03/05/2024 (20 minute delay)

RDS (ASX) Chart

Day chart unavailable