RIV riversdale mining limited

results due soon mitis..

  1. 5,609 Posts.
    the coal results are due very soon. Give it a week or so and we should be very happy imo. The company said as much in their last announcement. We should get a big result since they have drilled over 30,000m. If these guys are getting an average of 11m of coal seam...we are going to be smiling since it does not take long to add up. I personally feel Riversdale is the best listed coal stock and its sitting on billions of tonnes of coking and thermal coal. The Indians are telling the story by parting with their hard earned $100m for 12% of the leases. Thats before they picked up all AQA's ground as well. That should give us an idea of just how much coal we can expect on just these 2 leases. its a monster and the major broking houses and news papers are screaming coal and iron ore. we are going up as there seems to be a very aggressive buyer eating this thing all day. dyor.
 
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