David pescod friday editionand Eric Coffin said to sell RVS...
read this....RVS and ROG to gap down this morning
The Coffin Brothers have been fans of the Riverstone Resources story since it was about
.15 to
.18. They wrote about it for quite a while before it made its first move and for the last six months, it seemed quiet to a lot of people, even going stale. The faith of the Coffin’s in that story burst onto the headline yet again today with pretty exciting results. In today’s Hard Rock Analyst—Special Delivery, they write, “Riverstone and partner Roxgold (ROG) this morn-ing put out the results that had ROG halted all week, and the wait was worth it. A second drill hole has confirmed a significant high-grade discovery in the Yaramoko project with an inter-section of 6 m of 85.53 g/t within 20 metres of 28.61 g/t gold plus a second intersection in the same hole of 2 m of 18.5 g/t gold within 11 m of 4.88 g/t gold.” When we talked with David Coffin, he gives it his own rough valuation of what Riverstone might now be worth...very interesting….hint...it’s higher.