RIE 0.00% 0.2¢ riedel resources limited

Ann: Significant Gold and Nickel Results at Marym, page-4

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  1. 11,111 Posts.
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    re: Ann: Significant Gold and Nickel Results ... Hi Dave, I am pleased to see today's announcement identify the potential of the Baumgarten block for significant nickel sulphides.This ground has seen only very limited drilling in the last 20 years and with the advancement in EM surveying since it's initial drilling 18 years ago I think that RIE might shine this year.Add to that the potential for their ground to host SEDEX,VMS and stratigraphically controlled copper deposits then I think my decision some months ago to take a position with a view to a medium term hold has been vindicated. If RIE can identify some decent gold,copper or nickel deposits on their ground then there is a lot of room for the SP to rerate considerably.
 
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