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21.5¢ red river resources limited

dissapointing, page-103

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Rovotin

13 Posts.

13/03/19

17:50

Post #: 37751016
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Originally posted by robbo: ↑

It was the royalty issue that stopped RVR from its attempt to move higher. It's not hard to keep the price down while the issue is still there, so it's not likely to move up till that happens is it?
If it's a positive resolution I reckon there's more upside risk than down. I can't see it going below 10c if bad result (cap raising price), but we've plenty of daylight above with good news/results. So I'm happy to risk 5c (or even 15!), for the sake of making 25 +!

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I thought the zinc movement was the key to todays activity?

RVR Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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