RIV 0.00% $16.20 riversdale mining limited

get ready for the turn.., page-14

  1. 5,609 Posts.
    fallingK

    Amazing volatility with the old riv. that's what makes it such a great play as well. The sell off seems a little over the top but that does not stop the momentum in freaked out markets. Nice to see a turn off $5. That was a critical short term level imo and it held. The DOW remains messy but i am sure we will see much higher levels by years end. I am sitting on enough cash to really have a go at riv on weakness or strength. its a terrific company and extremely well run. i still maintain that riv owns one of the largest quality coal deposits in the world. The infrastructure is getting built in the back ground with the rail link coming along as planned. good luck.dyor.
 
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