RVR 0.00% 7.3¢ red river resources limited

RVR February, page-67

  1. 2,606 Posts.
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    RVR will get caught up in the panic that's to be expected but look at it objectively and there is nothing to worry about (other than buying more at bargain price)

    Global markets are jittery because they realise that across the world there is real growth occurring and thus interest rates go up and the cost of funds goes up. The US just reported its lowest unemployment figures in 41 years. The UK is pumping along and Europe and Asia all showing strong signs

    1. Growth means more demand on Zinc use and potentially higher POZ - great news for RVR

    2. Rate increases overseas means Aussie Dollar falls - Great news for RVR in term of export earnings

    3. Rate Increases/cost of money exposure has no impact on RVR, RVR are debt free so rising interest rates will just see them earn more on the cash holdings at Bank

    4. They will punch out another big profit at next qtrly


    I really cant see what's happening as having any real long term risk to RVR in fact it may make people look to stocks that are profitable like RVR as safe haven compared to speculative stocks
 
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