• Australian (ASX) Stock Market Forum

Hello and welcome to Aussie Stock Forums!

To gain full access you must register. Registration is free and takes only a few seconds to complete.

Already a member? Log in here.

RVR - Red River Resources

Discussion in 'Stocks Q-Z' started by YOUNG_TRADER, Apr 16, 2007.

  1. maaze

    maaze

    Posts:
    12
    Likes Received:
    0
    Joined:
    Oct 5, 2007
    The AGM is on this week, volume is up considerable. Feral drilling results are late any further price rise beforehand just adds fuel to positive results. We are certainly in the right area that's for sure, fingers crossed. :banghead::banghead:
     
  2. 1234

    1234

    Posts:
    111
    Likes Received:
    0
    Joined:
    Aug 17, 2007
    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...


    :2twocents
     
  3. Synergy

    Synergy

    Posts:
    358
    Likes Received:
    0
    Joined:
    Feb 26, 2007
    Interested in what people read into this chart. Came back to 60c from a low of 52.5 today, but is the volume high enough for it to be a positve day? Thoughts anyone?

    [​IMG]
     

    Attached Files:

  4. jammin

    jammin the amp's turned up to 11

    Posts:
    91
    Likes Received:
    0
    Joined:
    Mar 7, 2007
    RVR looks to be following some basic EW and fib rules.
    It may have ended the retrace with the low of the 27th Nov.
     

    Attached Files:

  5. Captain_Chaza

    Captain_Chaza

    Posts:
    215
    Likes Received:
    0
    Joined:
    Mar 8, 2007
    How smart am I?

    I just averaged down!

    I have often found she "The Sea" sometimes looks after brave sailors

    We can all be optomists
    I guess?

    Salute and Gods' speed to all who are with me on this one

    PS Sometimes
    Fortune Favours the Brave!
     

    Attached Files:

  6. ta2693

    ta2693

    Posts:
    539
    Likes Received:
    0
    Joined:
    Apr 17, 2007
    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.
     
  7. 1234

    1234

    Posts:
    111
    Likes Received:
    0
    Joined:
    Aug 17, 2007
    I would be very wary if she drops below 28c..

    It's a shame, I would have thought it was going to be better than this.. Heaps of potential - hope there's still a bit left in it for those still holding..
     
  8. Synergy

    Synergy

    Posts:
    358
    Likes Received:
    0
    Joined:
    Feb 26, 2007
    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.
     
  9. Small Timer

    Small Timer

    Posts:
    16
    Likes Received:
    0
    Joined:
    Nov 24, 2008
    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 :banghead:
     
  10. happytown

    happytown

    Posts:
    601
    Likes Received:
    0
    Joined:
    Jan 9, 2007
    ann out this morning on miaree (j/v with irm) magnetite target

    approx 1.8B t Fe (covering area drilled sofar with potential to increase target)

    irm can earn up to 70% at miaree by spending $3.5M

    cheers :)
     
  11. YOUNG_TRADER

    YOUNG_TRADER

    Posts:
    4,199
    Likes Received:
    0
    Joined:
    Feb 18, 2006
    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? ;)
     
  12. enigmatic

    enigmatic

    Posts:
    388
    Likes Received:
    0
    Joined:
    Mar 5, 2007
    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
     
  13. McCoy Pauley

    McCoy Pauley Get out of here Budweiser!

    Posts:
    616
    Likes Received:
    0
    Joined:
    Nov 12, 2009
  14. YOUNG_TRADER

    YOUNG_TRADER

    Posts:
    4,199
    Likes Received:
    0
    Joined:
    Feb 18, 2006
    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.
     
  15. YOUNG_TRADER

    YOUNG_TRADER

    Posts:
    4,199
    Likes Received:
    0
    Joined:
    Feb 18, 2006
    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
     
  16. enigmatic

    enigmatic

    Posts:
    388
    Likes Received:
    0
    Joined:
    Mar 5, 2007
    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.
     
  17. enigmatic

    enigmatic

    Posts:
    388
    Likes Received:
    0
    Joined:
    Mar 5, 2007
    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
     
  18. spaceman666

    spaceman666

    Posts:
    4
    Likes Received:
    0
    Joined:
    Feb 3, 2009
    I am in now cool beans :eek:) 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
     
  19. noirua

    noirua

    Posts:
    9,281
    Likes Received:
    151
    Joined:
    Feb 2, 2006
    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.
     
Loading...

Share This Page