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25.0%

0.5¢ redstone resources limited

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

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FearTheGreed

235 Posts.

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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 0.5¢		Change 0.001(25.0%)		Mkt cap ! $4.627M

Open	High	Low	Value	Volume
0.4¢	0.5¢	0.4¢	$12.19K	3.002M

Buyers (Bids)

No.	Vol.	Price($)
16	9046404	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	6516270	6

View Market Depth

No.	Vol.	Price($)
16	9046404	0.003
13	14195024	0.002
10	12200000	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.005	6516270	6
0.006	2742265	6
0.007	625230	2
0.008	621100	2
0.009	787817	2

Last trade - 16.10pm 19/06/2024 (20 minute delay)

RDS (ASX) Chart

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