Party pooper Mitis :)If we look back at the 07 run it went from...

Party pooper Mitis :)
If we look back at the 07 run it went from here to $1070 before a pull back to $810.
In that period from the 26th Oct to 27 Nov 2007 it ONLY FELL BACK 4 SINGLE DAYS. Hence IMHO RIV is not one to short
However times are different now arnt they?

BFS due, Drilling on other lots underway, current resource on about 5% of total holding, Merger activity in the coal industry is happening, TATA and KT now own more etc....Lol...

If I was to hazard a guess 810 is next resistance so mayby there.
Since Feb 16th to today(70days)we have had 25 down days. Of these ony 6 occur as doubles. Just food for thought before you place your shorts on the line.

Let me know how you go, I wish you luck, I too enjoy your posts.