RVR - Red River Resources
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Director dumping 350,000 shares & 561,500 options when an ann is overdue??
Not the best look in the world.
Good luck to holders, but don't be blinded by the headlights..
Unless the results are spectacular, and they want to drop the sp to pick up more?? I wouldn't think the latter option would be a 'nice' way to treat investors...
Not the best look in the world.
Good luck to holders, but don't be blinded by the headlights..
Unless the results are spectacular, and they want to drop the sp to pick up more?? I wouldn't think the latter option would be a 'nice' way to treat investors...
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If I were you, I will not worry very much now. the odd vs price for rvr is very fair now. If it can goes down a little bit, I will think about buy some.
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Well heres one that has certainly died in the backside over the last month. 15c here we come... A nice smooth run to +200%, then a nice steady run back down the -200%. Funny game this one at times.
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Anybody still out there ? Seems that everyone has put this one to bed. We may just have a chance to pick up some cheap stock, or is it still down hill from here ? Any ideas ? 0:030 
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RVR has 70M shares on issue so at 5c the current market cap is only $3.5m with $2.2m cash in the bank
that leaves alot of room for a market cap increase
plenty of projects
- Magnetite at Miaree
- Gold at Miaree
- Nickel at Hooley Well
and now Lithium at East Kirup
"The East Kirup prospect is a lithium-tantalum-tin geochemical anomaly 4km long by up to 1.5km wide that occurs in E70/2435 and which is situated 20km north-northwestward on structural geological trend from the Greenbushes lithium-tantalite-tin mine. The Greenbushes mine is a world class deposit that contains Total Measured, Indicated and Inferred Resources of 25.2 million tonnes of 3.6% Li2O"
flying under the radar but for how long?
that leaves alot of room for a market cap increase
plenty of projects
- Magnetite at Miaree
- Gold at Miaree
- Nickel at Hooley Well
and now Lithium at East Kirup
"The East Kirup prospect is a lithium-tantalum-tin geochemical anomaly 4km long by up to 1.5km wide that occurs in E70/2435 and which is situated 20km north-northwestward on structural geological trend from the Greenbushes lithium-tantalite-tin mine. The Greenbushes mine is a world class deposit that contains Total Measured, Indicated and Inferred Resources of 25.2 million tonnes of 3.6% Li2O"
flying under the radar but for how long?
Looks like a bit of increase already YT, hoping you were in before the announcement otherwise there has only been a few buys at 7.5c..
Not much volume on this one however does look like strong buy very weak sell..
could run hard not sure i can get in on a share thats jumped 44% already.. will have to do some quick research..
I noticed you looked at this in 2007, do you know why it ran up to 65c.
The only thing i can see is the Iron ore deposit of about 1.8billion but not sure if that was arround back then.. will re read the thread.
Goodluck YT if your in
Not much volume on this one however does look like strong buy very weak sell..
could run hard not sure i can get in on a share thats jumped 44% already.. will have to do some quick research..
I noticed you looked at this in 2007, do you know why it ran up to 65c.
The only thing i can see is the Iron ore deposit of about 1.8billion but not sure if that was arround back then.. will re read the thread.
Goodluck YT if your in
McCoy Pauley
Get out of here Budweiser!
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The share price shot up 188% today. RVR announced that it planned a test drill in East Kirup in Feb/March 2010.
http://www.asx.com.au/asxpdf/20091214/pdf/31mqdsbqf1c357.pdf
http://www.asx.com.au/asxpdf/20091214/pdf/31mqdsbqf1c357.pdf
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Here are the facts
- East Kirup anomaly is 4km long by up to 1.5km wide.
- East Kirup lithium-tantalite-tin geochemical anomaly lies 20km north-northwest on structural geological trend from the world class Greenbushes lithium-tantalite-tin mine.
- The Greenbushes mine is a world class deposit that contains Total Measured, Indicated and Inferred Resources of 25.2 million tonnes of 3.6% Li2O
Here's some info I dug up on the Greenbush deposit
http://www.greenbushesinc.asn.au/mine/talison-mine.html
its owned by Talison Lithium Limited http://www.talisonlithium.com/home.aspx
more interesting info Ive dug up on this Talison group and their Lithium deposit
who prices these IPO's anyway seems a tad steep given current economic and market environment (post GFC that is)
http://www.wabusinessnews.com.au/en-story/1/77335/Talison-Lithium-pulls-196m-IPO
Talison Lithium pulls $196m IPO
Finance: 14-December-09 by Rebecca Lawson
Talison Lithium's $196 million initial public offer has been withdrawn, days before it was due to list on the local stock exchange, making it the second major resources float in less than a week to suffer an eleventh hour setback.
In a statement today, Talison Lithium chairman Peter Robinson said investors refused to support the float at the price offered, but existing shareholders remained committed and supportive of the company.
"We have an established operation based on a unique, long life, high grade lithium deposit at Greenbushes, and a track record of successfully increasing capacity as the lithium market has expanded," he said.
"Talison Lithium is ideally positioned to take advantage of the attractive market dynamics forecast for lithium in the future by leveraging off the strengths of our skilled workforce, long-term relationships with customers and suppliers and the experience of our management team to pursue our growth strategies."
Talison Lithium had last month announced plans to raise between $143.5 million and $196.4 million through the issue of up to 35 million new shares, while existing major shareholder Resource Capital Fund IV had the option to sell an additional 3.5 million of its shares.
Shares were to be priced between $4.10 and $5.10.
Talison, which bought assets from the administrators of Sons of Gwalia in 2007, had planned to dual list on the Australian Securities Exchange and Toronto Stock Exchange this week.
Its flagship Greenbushes mine near Perth is the only operating lithium mine in Western Australia.
The Talison development follows news last week that Cape Lambert Resources had to delay the $203 million Q Copper float after a UK investor pulled out.
- East Kirup anomaly is 4km long by up to 1.5km wide.
- East Kirup lithium-tantalite-tin geochemical anomaly lies 20km north-northwest on structural geological trend from the world class Greenbushes lithium-tantalite-tin mine.
- The Greenbushes mine is a world class deposit that contains Total Measured, Indicated and Inferred Resources of 25.2 million tonnes of 3.6% Li2O
Here's some info I dug up on the Greenbush deposit
http://www.greenbushesinc.asn.au/mine/talison-mine.html
its owned by Talison Lithium Limited http://www.talisonlithium.com/home.aspx
more interesting info Ive dug up on this Talison group and their Lithium deposit
who prices these IPO's anyway seems a tad steep given current economic and market environment (post GFC that is)
http://www.wabusinessnews.com.au/en-story/1/77335/Talison-Lithium-pulls-196m-IPO
Talison Lithium pulls $196m IPO
Finance: 14-December-09 by Rebecca Lawson
Talison Lithium's $196 million initial public offer has been withdrawn, days before it was due to list on the local stock exchange, making it the second major resources float in less than a week to suffer an eleventh hour setback.
In a statement today, Talison Lithium chairman Peter Robinson said investors refused to support the float at the price offered, but existing shareholders remained committed and supportive of the company.
"We have an established operation based on a unique, long life, high grade lithium deposit at Greenbushes, and a track record of successfully increasing capacity as the lithium market has expanded," he said.
"Talison Lithium is ideally positioned to take advantage of the attractive market dynamics forecast for lithium in the future by leveraging off the strengths of our skilled workforce, long-term relationships with customers and suppliers and the experience of our management team to pursue our growth strategies."
Talison Lithium had last month announced plans to raise between $143.5 million and $196.4 million through the issue of up to 35 million new shares, while existing major shareholder Resource Capital Fund IV had the option to sell an additional 3.5 million of its shares.
Shares were to be priced between $4.10 and $5.10.
Talison, which bought assets from the administrators of Sons of Gwalia in 2007, had planned to dual list on the Australian Securities Exchange and Toronto Stock Exchange this week.
Its flagship Greenbushes mine near Perth is the only operating lithium mine in Western Australia.
The Talison development follows news last week that Cape Lambert Resources had to delay the $203 million Q Copper float after a UK investor pulled out.
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East Kirup does look very interesting especially since there is a nearology play to the Greenbush deposit
this deposit apparently supplies something like 25% of the worlds Lithium so even a small discovery nearby will prove valuable
REMEMBER THOUGH even though RVR's Kirup sits next to an Elephant Lithium deposit it doesnt make it an elephant exploration tenement
I could sit next to an elephant and Id still be me, alot of work will be required and at the end of the day there may be nothing there
having said that I like these pie in the sky spec plays but thats just me
this deposit apparently supplies something like 25% of the worlds Lithium so even a small discovery nearby will prove valuable
REMEMBER THOUGH even though RVR's Kirup sits next to an Elephant Lithium deposit it doesnt make it an elephant exploration tenement
I could sit next to an elephant and Id still be me, alot of work will be required and at the end of the day there may be nothing there
having said that I like these pie in the sky spec plays but thats just me
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theres a BRR out very interesting listening
http://www.brr.com.au/event/63230/r...-at-east-kirup-john-karajas-managing-director
some good info on their web page too
http://www.redriverresources.com.au/projects/east-kirup/
http://www.redriverresources.com.au/maps/east-kirup-03.jpg
http://www.brr.com.au/event/63230/r...-at-east-kirup-john-karajas-managing-director
some good info on their web page too
http://www.redriverresources.com.au/projects/east-kirup/
http://www.redriverresources.com.au/maps/east-kirup-03.jpg
Very interesting info YT, sounds like Greenbush has the majority of tantalum in the world with about 50% if Red River even have half of what greenbush does this will be Huge..
Looking up tantalum prices and i cant seem to find anything since Dec 2007 were it was about $55US/lb
YT would you think that if they find a big enough resource that Talison would be looking at grabbing RVR.
The question you raised is how valuable is the possible resource if Talison couldn't get a IPO of 146mil and they are producing.
Looking up tantalum prices and i cant seem to find anything since Dec 2007 were it was about $55US/lb
YT would you think that if they find a big enough resource that Talison would be looking at grabbing RVR.
The question you raised is how valuable is the possible resource if Talison couldn't get a IPO of 146mil and they are producing.
YT have any thoughts on were this one will head, seemed to cool of for a bit and then last few days it has been heading up pretty fast today even reaching a high of 24.5c had you bought at 7.5c it would of been a pretty decent gain.
The company seems to have a few possible cherries however how long do we have to wait till they ripe and will they have the cash to develop them..
Ended up buying in with 100% gain free carried now. DYOR
The company seems to have a few possible cherries however how long do we have to wait till they ripe and will they have the cash to develop them..
Ended up buying in with 100% gain free carried now. DYOR
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I am in now cool beans ) This will be my new year miracle. Paid 15 cents
they went down to 10 cents now @ 20 cents GOOD LUCK TO ALL HOLDERS
My posts are just that my posts I DO NOT KNOW WHAT I AM DOING
I AM JUST GAMBLING SO BUYER BEWARE LOL
) This will be my new year miracle. Paid 15 centsthey went down to 10 cents now @ 20 cents GOOD LUCK TO ALL HOLDERS
My posts are just that my posts I DO NOT KNOW WHAT I AM DOING
I AM JUST GAMBLING SO BUYER BEWARE LOL
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Some interesting prospects have Red River from Gold to zinc.
Efforts in the last quarter have been kept to surveying and sampling. Cash is at $1,576,000 with a decrease during the quarter of $137,000.
Tenements are at Cockatoo A, Miaree, Walter A, Bergsma A and B.
A stock to keep an eye on with a market cap at $7.6m at 11.5c a share.
Efforts in the last quarter have been kept to surveying and sampling. Cash is at $1,576,000 with a decrease during the quarter of $137,000.
Tenements are at Cockatoo A, Miaree, Walter A, Bergsma A and B.
A stock to keep an eye on with a market cap at $7.6m at 11.5c a share.