RIV 0.00% $16.20 riversdale mining limited

call from rio, page-8

  1. 795 Posts.
    I haven't received a call.
    At the beginning of the week I held more shares than stated by a few who have.
    I have sold half this week as like Mitis can not afford to take the risk of RIO not following through. They have done that in the past. IOH was the last time...

    The rest I will hold until it is clearer as to the next step. I also intend on holding a small parcel for the long haul irrespective of outcome. RIO developing the infrastructure and the potential for barging makes future LT prospects great.

    I am now debt free and will be happy to leave the rest of the cash in term deposit for a year or 2.

    It has been a fantastic stock to hold as most of the the time the stabilizer for my portfolio.
    First purchase was for 50c, Still have that very parcel lol... Been averaging up for years and as it is such a huge chunk was happy to sell below offer for security.

    Good luck for this week Tuesday we should get an update on the number of shares they have collected.

    If another offer is to appear, seems highly unlikely though tomorrow will be it. IMO
 
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