focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
i am new to mining, i am trying not to get too carried away.
I would work on a more conservative 5.5 x 4.1 = 22.5p as we have 830,000 oz gold reserves.
"Templar Minerals Ltd, said it has entered into an irrevocable offer to purchase 143.290 mln River Diamonds Group shares at a price of 6 pence each valuing the deal at 8.6 mln stg. Templar said it currently holds 285 mln shares in River Diamonds and following re-admission of the River Diamonds share capital to trading on AIM, and assuming the purchase of the additional shares, it will hold 25.4 pct or 428.29 mln shares in River Diamond's enlarged share capital." I reckon this is why MM's are keeping price down. They have this order fill and want to make a profit on it themselves. This will rise above 6p once order is complete.
now 4.25
Definitely buys, SP has just risen again.
i dont have level 2 but those last trades at 4.1p must be buys? can anybody confirm?
reckon it is trying to go up too. couple more buys and it will rise again.
glad to hear.
has just sold 26,271 shares, not much but why would you sell minutes after news like that?!
should see a sea of blue today. MM's may still keep this down though as they still need to fill large orders. 6p by end of month my guess.
You'll rarely get rich with just one stock in your portfolio, even when it rockets, but add it to your portfolio and it will help. These sells today are just what the MMs want, loads of small sells to cover large orders. RVD to rise very soon.
there seems to have been a large amount of offloading this afternoon. I cannot find any news or reason. can anybody here enlighten?
aaah, yes...i guess that would affect gold shares, thanks.
how has this dropped today, when all the trades are blue, over the last few days there have been loads more buys compared with sells and that doesn't include the 2,500,000 buy yesterday!!!
thanks, digitallook is also saying it is a buy. will open up in the morning?
looks like a large (2.5mil) buy. can anybody confirm?
http://www.riverdiamonds.co.uk/admin/Latest/Docs/River%20Diamonds%20Trading%20Update%2031.03.08.pdf should be another anouncement in next couple of weeks
River Diamonds PLC 01 April 2008 1 April 2008 River Diamonds PLC ('River Diamonds' or 'the Company') First Day of Dealings River Diamonds plc is pleased to announce the first day of dealings in the shares of the Enlarged Group on the AIM Market of the London Stock Exchange following the passing on 31 March 2008 of the resolution relating to its acquisition of the 80% of the share capital of Viso Gero International, Inc. not already held by the Company. TRANSACTION HIGHLIGHTS • Acquisition gives the Company 100% ownership of the Vatukoula Gold Mine in Fiji • River Diamonds has raised gross proceeds of £4,669,000 following a placing at 6p per share • John Stalker and Neil Herbert have been appointed as non executive directors of the Company with effect from today (further details of these appointments have been given in the Re-Admission document published by the Company on 13 March 2008)
thanks.