GREY:RIVVF - Post by User
Comment by
elgin1on Jul 01, 2016 4:29am
79 Views
Post# 25014898
RE:nobody is watching this stock....
RE:nobody is watching this stock....Actually assets are great . Almas mine have DFS , matupa has deposit that may run 14 km channel.. Most of theses sites were mixed by Vale in the past. Columbia mine has high grade nuggets located not far away from Ashanti mine. They have a 25 million dollar ball mill at Almas site ,construction licence with a proven DFS... All mines have unexplored areas around that could extend mine cobsiderably. Located close to cities with major infrastructure low labour cost and brazialin currency has dropped more than 40% since original DFS. Cyprus river holdings is major shareholder ... They might take it private .... But assets are excellent. Updated DFS should be out hopefully this month.