The stock only had a handful of shares trade under 2c - no one...

The stock only had a handful of shares trade under 2c - no one ever had a chance to get any volume down there.

Even at 3c Riedel's Enterprise Value (EV) is only $8.5m - compare that to European Cobalt (EUC) with EV of about $50million - implies still a long way to go for Riedel.

That said I tend to agree with you, probably best to let it cool in short term and see if any of the Rights Issue stock comes back out - although given the register is so tight I imagine they are pretty sticky hands.

I would expect some further exploration work to fine tune the high priority targets already identified would be getting underway well before 2018.