RIE 0.00% 0.2¢ riedel resources limited

Riedel Resources. Remember the name.Market cap represents cash...

  1. 4,724 Posts.
    Riedel Resources. Remember the name.

    Market cap represents cash in hand, ~$4.5mill

    ADX energy (company that spun out RIE) holds almost 50% of shares on issue, escrowed until January 2013. Top 20 hold 70% of issued capital.

    Marymia project consists of 2 tenements along strike from SFR, SRI, VRX etc.



    In addition, they have over 300K Oz Gold project at Milrose, close to infrastructure, Newmont mine etc.



    Hidden gem perhaps....

    cheers.
 
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