RVR 0.00% 7.3¢ red river resources limited

RVR is clearly a take over taget, page-34

  1. 108 Posts.
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    In my mind, the prospect of RVR hitting a world class orebody (Century, HYC, Red Dog) is very slim. It is an area characterised by VHMS, not stratiform deposits.

    That said, they could easily triple or quadruple their reserve if they stick enough holes in the ground. It is an incredibly prospective area, and there is every chance in the world that they could hit a polymetallic orebody that shoots the lights out. Has anyone here heard of Tick Hill? That would be nice.

    RVR have some incredibly prospective ground, but to get some cashflow happening to continue opening up some ground, I think we need the SP to get/stay above 30c and then raise capital to kick the mill into gear and commence production.
 
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