RED 0.00% 30.5¢ red 5 limited

Happy New Year to you too....of course I'm still around! I'm...

  1. 1,068 Posts.
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    Happy New Year to you too....of course I'm still around! I'm here for the duration, or $1.00ps, whichever is sooner. They must be a couple of weeks into the Mapawa drilling programme by now, by my calculations, so I'm keen to see the results asap. A significant porphyry copper/gold deposit would make my year, even though it's only January! I do have a nagging worry in the back of my mind, due to the fact that Anglo-American couldn't agree with Philex as to the feasibility of mining Boyangan. Obviously Philex have a different view and have put up $US55m to buy out Anglo. But, it just highlights that whilst Boyangan would seem to be a robust project to an outsider, there are differing views. Hopefully Mapawa will show a better resource than Boyangan! Whatever, Siana is a good enough project to warrant a far higher market rating than that accorded to RED at present so I'm still a long-term holder and bought more recently at 15.5c!!
 
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