red mountain cranks reporting to another level

I monitor Red Mountain Mining's reporting frequency.

On January 9, I posted a breakdown of RMX announcements in 2013.

The company issued a total of 102.

September was the most prolific month with 13 announcements.

But RMX has now cranked its reporting frequency to another level.

In January 2014 the company issued 17 announcements. In January 2013 it issued 11. The month-on-month increase is 54pc.

This month I expect the newsflow to continue, with announcements on a scoping study, drill results and SPP outcome.

Last February RMX issued eight announcements.

If last month's trend continues, RMX will in February be issuing at least 12 announcements - ie three a week.