While not short on the DJIA or the ASX I see little upside in most stocks at the moment. So I hold cash and continue to be very selective as to where to invest. RVR is a no brainer as far as I am concerned. We have stocks at 5 years lows and prices at 10 year highs. We have seen a significant drop in treatment charges for Zinc (less than $40USD a tonne) and there is no new mines coming on tap. All things going well RVR will be producing in 3 to 4 months - no one on the ASX will be doing that. Any concern about the amount of resource RVR has is rapidly diminishing as the drilling program continues to surprise on the upside. Our day in the sun will come pretty soon - patience is a virtue.
- Forums
- ASX - By Stock
- RVR
- RVR: A recession-proof investment
RVR: A recession-proof investment, page-2
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RVR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online