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Bullboard - Stock Discussion Forum Rio Verde Minerals Development Corp T.RVD

TSX:RVD - Post Discussion

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Post by Franjo11 on Jun 25, 2012 8:42pm

News

Interesting... they find no potash in hole 2, yet they reiterate that the financing remains at 42 cents.  Either we will receive more bad news in the coming days or someone must be very confident in the prospects of this company.  Yet, no one can control the exploration risk.  Hopefully the seismic will provide better future drilling targets.  I expect we will see some selling tomorrow... is it a buying opportunity?  I guess there is no rush to buy right now.   I want to see the financing finalized before I would buy more, but I still think this company is run the right way and value will be realized in the long run.
Comment by steelbluiis on Jun 25, 2012 11:01pm
Totally agree.... Your view seems cautiously optomistic but very valid at this time....  
Comment by EIXLBERGER on Jun 26, 2012 10:25am
Recent Trades - Last 10 of 11 Time ET Ex Price Change Volume Buyer Seller Markers 09:41:38 T 0.20 -0.06 5,000 2 RBC 99 Jitney K 09:41:38 T 0.20 -0.06 10,000 7 TD Sec 99 Jitney K 09 ...more  
Comment by chrisjr on Jun 26, 2012 10:31am
i'm showing $.16 as last trade completed. can't see quantity.