RIV 0.00% $16.20 riversdale mining limited

I don't know it is so hot here comparing RES and RIV.I totally...

  1. 1,013 Posts.
    I don't know it is so hot here comparing RES and RIV.

    I totally agree that RIV as a good company with great pontential. I did hold it in 2008 for a long while but lost my money. It is not the problem of RIV but the market and myself.

    I switched it to MCC after they were nearly the same price when market bottomed. The only reason is that MCC is a producer and less risk in Australia.

    Recently I switched MCC to REY, a coal junior in West Australia, and hold a parcel of RES as well.

    It depends on how much money you have and how much risk you like to take.

    I always tell my wife, if I am a funding manager, I would do better in 2009, because I didn't need to sell RIV or MCC for cash to buy REY or RES.

    Best wishes to all RIV holders.

    Cheers


 
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Currently unlisted public company.

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