Australian (ASX) Stock Market Forum

RIE - Riedel Resources

Things seem to be going RIE's way at the moment. The maiden drill program at their Kingman Project in Arizona has returned multiple shallow, high grade gold and silver intersections.

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Further assay results are due in April and May with drilling continuing on the final ten holes in the program. Very speccy of course, but they are up from under 1c in July last year to 4c today and could go a lot higher if the good news keeps on coming.
Happy to take a bit of a punt with RIE around 0.004c/0.005c range (noting cap. raising recently done @0.005c) dyor

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Riedel Resources (RIE) starts drilling for gold/silver in Arizona


 
Riedel Resources (RIE) starts drilling for gold/silver in Arizona


Riedel Resources notice that Director's x2 bought more :) much anticipated drilling results due in a few week's time (not many shares remaining 0.005c sell side)

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RIE director Scott Cuomo bought another 10,000,000 shares @ 0.005c (costing $50K) last Friday 30/06

*drilling/assay results only a few week's away..
 
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