RGL 16.7% 0.7¢ riversgold limited

I agree. Mkt cap of $29m is fully valued for an explorer with...

  1. 705 Posts.
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    I agree. Mkt cap of $29m is fully valued for an explorer with potential.
    $20-30m is reasonable. At the moment its pure spculation on potential which may or MAY NOT materialise.

    Ppl saying things like " oh after drilling it'll go to 20c -30c" are somehow predicting the future of good drill results. Results could be poor and this thing goes back to 5c or less. Could be spectacular and find a deposit and make sense for someone nearby to take over. The point is until drilling no one knows and those suggesting they do are doing a disservice to others.
 
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