Just moving the money over to other investments that i think will do better at the moment than RVM. RVM IMO has alot to do before they progress with the Greater Revere project (still early stages), they will more than likely do some capital raising towards the end of the year maybe early next year unless they find a JV.
I will be keeping an eye on it in the mean while...
Something else to think about Neil is if you don't already know...close friends of the directors got this share for 5 cents, now they can't sell it for 12 months (that was the rules) so in 12 months when they can sell their shares what do you think will happen to the share price (IMO there is going to be a flood of sellers in 12 months)...share price down...
Then if this happens there will be an opportunity to get into it at a bargain price...IMO...
RVM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
