REDHILL RESOURCES CORP V.RHR

cash value plays

[mewbuddy]

at 4 cents Redhill's market value is way below cash position. market now considers its assets as liabilities. it happened lots of times which create super good chance for us investors. played CAN RYG GMC SMM.VN. all dropped significant below the cash position. now all had very nice bouncing back.

[IvanaBRich]

Yes, RHR is trading below it's cash position.  It's recent acquisitions have been purchased EXTREMELY cheap! ....as for UBS, I have no interest in why they would sell.  Selling could be for a myraid of reasons.  RHR's fundamentals are strong and I will be a buyer at $.045!  Ivana

[mewbuddy]

it's not strange to see UBS to sell. it did the samething  to a lot of other companies.they just want to clear the position and it provide us a super good opportunities. from what I hear the drill program is underway. first mapping and trenching.

[mewbuddy]

by the way they have 9m in the bank. no debt and a extensive drill program will be carried out in Tanzania. at 4.5 cents their market cap is 6m. 50% lower than its cash position.

[IvanaBRich]

Sorry Pound (or Vette 350) but after the last PP I wouldn't touch CUU at this point.  Most likely you'll be able to buy it at well under $1 in the future.  On top of that more dilution will be necessary due to their cash burn rate.  BTW this is the RHR thread!  Can you be more specific as to the questions you will be asking management?  ....oh, yes you posted that