RIV riversdale mining limited

Its all coming together now. RIV range traded for 6 months while...

  1. 5,609 Posts.
    Its all coming together now. RIV range traded for 6 months while all the other coal stocks exploded. Talbot took advantage of this and accumulated $103m worth of stock at about $9.38. I personally can't believe he would not be considering buying more since he has the money and has already gone substantial. time will tell with that. The buying is ongoing today and i noticed shares have been shorted. This is also a classic short squeeze playing out in the market if these guys decide to cover. Time will tell on all this, so enjoy the ride and dyor.

    ps
    The chart says we are going much higher and look for the old hight to be breached sometime next week on this momentum. I think the daily pull backs, are just the buyers taking their foot of the buy side to get more sellers.
 
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Currently unlisted public company.

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