RED 1.35% 36.5¢ red 5 limited

Tokyo,"operations"? - EPWC only ann. on 25/3...can't have built...

  1. 1,714 Posts.
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    Tokyo,
    "operations"? - EPWC only ann. on 25/3...can't have built that fast! .....and water is still in pit?! :)
    Maybe mgmt are out panning enough to meet the 1st pour date!?

    Seriously, i note u posted that you also visted in Feb. Does you job take you there or do you purely have a private interest in RED that makes you eager to go there?

    I understand with internal gold demand within Mainland China expected to soar in the next decade that it makes sense for their companies to buy gold stocks but there has not yet been any significant move in that direction. ...their investments are very focussed on supply of infrastructure commodity stocks (copper, nickel, iron), rather than gold/silver. Gold stocks haven't had a focus by them, but it makes even more sense as another hedge against declining value against their USD holdings, without the alarm that buying more physical gold that markets would show.

    RED has a pretty diverse share structure now, any T/O would have to be attractively priced.
 
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36.5¢
Change
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Mkt cap ! $2.550B
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37.5¢ 37.5¢ 36.5¢ $1.087M 2.922M

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37.0¢ 997634 24
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