CVE:RRI

0.14
0.01 (3.70%) 1d
0

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New 52-Week Highs and Lows (Nov 14-20)
COMMENT

The ``prospect generator`` business model to him is the only part of the exploration sector that makes any mathematical sense. He is a very large shareholder of this company, and has an extremely high regard for management.

metal mines
BUY

They follow a joint venture model. Given their low chances of success, it makes a lot of sense to him. They have done a great job of bringing the partners and getting them to fund the work. Stock is a reasonable price right now.

metal mines
BUY
A prospect generator company. Doing good work. His costs are almost zero to explore while he has partners coming in to spend money on his projects. It takes a long time to make a discovery.
metal mines
BUY
Generate ideas and bring others in to do the work on it. Number of projects in Mexico and in BC. Likes them as a model.
metal mines
BUY
Interesting model. They generate ideas and targets and when it comes time to spend the big money, they bring in somebody else. They are then dilutive at the prospect stage but not at the capital stage. Has a number of joint ventures laid out. Mostly in Mexico but has one in Arizona.
metal mines
BUY
Joint venture model. Good management. Have a number of projects in Mexico in a strategic alliance with Kinross (K-T) as well as in Arizonian project. Not a great deposit but it could get better. Cheap.
metal mines
PAST TOP PICK
(A Top Pick May 21/08. Down 7%.) Loves this company. Has Kinross (K-T) and some very hefty shareholders behind it. One of his favourites.
metal mines
BUY
Recently acquired a 1.2 million ounce gold deposit in Arizona. Unbelievably good buying time for companies like this if you believe in a long-term bull market for silver, gold and base metals. Great management. Lots of good prospects. Drilling one in Mexico.
metal mines
TOP PICK
Management team has 8 discoveries under their belt. Roughly 17 million shares with 60% owned by insiders. Have the Sugarloaf property in Arizona that has 1.2 million ounces in historic resources. Low-grade, but hopefully they will find some high-grade. Flagship is a 350 km² El Capitan property in Durango Mexico. Has a historic intercept of 50 m. Expectation is that it will become a world-class deposit.
metal mines
TOP PICK
Project generator company, finds good early exploration projects and then has other companies come in to spend the high-risk dollars. Long term play with very solid, cost conscious management. Operating mostly in Mexico, but have a project in Arizona that has 1.2 million in historical ounces. The latter alone justifies its market cap.
metal mines
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Riverside Resources Inc.(RRI-X) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Riverside Resources Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Riverside Resources Inc.(RRI-X) Frequently Asked Questions

What is Riverside Resources Inc. stock symbol?

Riverside Resources Inc. is a Canadian stock, trading under the symbol RRI-X on the TSX Venture Exchange (RRI-CV). It is usually referred to as TSXV:RRI or RRI-X

Is Riverside Resources Inc. a buy or a sell?

In the last year, there was no coverage of Riverside Resources Inc. published on Stockchase.

Is Riverside Resources Inc. a good investment or a top pick?

Riverside Resources Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Riverside Resources Inc..

Why is Riverside Resources Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Riverside Resources Inc. worth watching?

0 stock analysts on Stockchase covered Riverside Resources Inc. In the last year. It is a trending stock that is worth watching.

What is Riverside Resources Inc. stock price?

On 2024-11-21, Riverside Resources Inc. (RRI-X) stock closed at a price of $0.14.