Loading ...Riverside Explosion
Plungers Thrust !
Plunger has been pounding the table on this one for a while now at the Chartology Forum
It’s his largest holding.
he never Lost faith.
He has explained the business model and now !
PS; Rambus is in this as well since Monday its up 100%
And I of course am suffering no temptation to sell anything. Sure its way above its BB, but so what I am in this for the long term. I have stated that over the course of the entire bull market (5-8 more years perhaps) I see the potential for a 100 bagger from the 0.09 level. Riverside has numerous projects and it’s CEO John-Mark doesn’t waste money or do anything without a long term perspective. A bit over a year ago he said to me over dinner, you know wI could juice the stock price with a release of some trenching results (like Evrim had just done) but he just wasn’t going to do that, instead he continued with his responsible business development plan.
Well finally RRI is playing catch-up
Great inside view Plunger… I’m soo captivated by the whole sector. The closest I got is my father in law that worked the mines in Northern Quebec (forgot which companies)… but nothing from the management view point! My mother in law also works for Glencore and deals with the geologists… but never asked much about their inter-workings.