My average price for RIV is 3.17 First purchase was at 55 c in FEB 05.
I obviously do have high hopes coz I didnt sell any when it hit 12.. I think that is called a 20 bagger... Stupid me or what?
Have bought many since, not as many as BIlly Gates and Bernnie from posts years ago but it is one stock I do not lose sleep over, in time it will be a beauty.
I collected this from a few years back and have been accumulating since.
Estimate
$2per ton with resource of 2b tonnes = $4b market cap or $20 per share Management believe 5 to 7 bil tns Drilling with 4 rigs will take 18 months to prove resource 10/2007
We are sitting on just over 2 bil tons now.
What will the barging option and a new resource estimate on the other 98% of land holding bring for RIV. I am salivating about the prospects... Now about losing sleep.. not quite true as this potential keeps me awake LOL.....
Happy days to all long term holders
Graph but I wont be selling at the next target either.
RIV Price at posting:
$4.41 Sentiment: ST Buy Disclosure: Held
