What fantastic news. 13 000 000 000 000 tons I recall a few years back OKeefe mentioned that he was believed there would be about 5 bil tns... he is a modest man lol...
This truly is a once in a life time deposit yet to be reflected in the SP. The main reason for this is it is not much good having such a huge deposit if you cant ship it out in large quantities.
Lets look back at this when the Barging is given the go ahead. Africa surely can not let this opportunity go by, it could shape its future. The barging news will catapult the SP to $20+ and the income received from it OMG how will it be spent... Please think of your shareholders Michael...lol.... There certainly wont be a need to look for more deposits for a very long time...
RSI strong cross Buy signal for me. but I do have a few. 1st Warning line and middle tine next target and possible area to watch for future direction
Guppy MAs Short term MAs have broken the LTMA X2 but currently returning to the upper side, isnt this a great sign of strength. Todays news will be posted and discussed which will add to the ground swell.
All good ATM
RIV Price at posting:
$9.34 Sentiment: Hold Disclosure: Held