RDN 4.17% 2.5¢ raiden resources limited

Well mundoro is drilling at padina and borsko this month which...

  1. 9,957 Posts.
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    Well mundoro is drilling at padina and borsko this month which is right next door to us.If they provide some intersections like Nevsun (up 70% since)there will no doubt RDN will gain interest very fast and im sure RIO would act on this hot area ....

    Again pershing main buyer yet again everyday since going sub 2c i did see Faldi say this few weeks back
    (Much anticipated Drilling on the non JV projects (staraplanina) expected in June. One to watch!) So expecting some heat to come soon and with this pushing out of retail and accumulation by bigger hands this will go much higher once supply absorbed... Im happy to be a buyer again at 1.7c downside risk is now so small compared to upside risk (my thoughts no buy rec) ...

    Lots to look forward to in the ST and reckon we should start to slowly grind up next week supply is so weak and its basically just testing impatient holders that are selling for losses even just before we start drilling ...

    TS
 
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