you want you pay, page-20

My sell sentiment was based on profit taking with the higher SP at the moment. I think it may retreat over the next few weeks pending further information. We held shares and exited on the increase last week and don't hold shares at the moment. Having been in and out quite a few times I am quite familiar with the company. RIMFIRE has shown robust SP resilience in the past and my sentiment towards the stock is more inclined towards entering back in after a retreat. I will be watching for the results from the pending holes 213-216.
Perhaps the market cap is a bit high. The Au intersections seem to be wide spread and inconsistent despite some good holes, however in saying this they do have gold in the ground and some quite consistent Ag returns. The IP anomalies should be the primary drill targets. Its a pity they don't drill these with a core drill. They would learn considerably more about the type and style of mineralisation at depth and the Geology with solid cores.
The SP may hold up in the coming weeks and a lower entry point might not eventuate, I think it is a given that the company will go back to the market for further funds as any consistent deeper drilling will eat the available funds.
We turned a tidy profit last week and I would suggest the brokers may have turned a tidy profit also from the last issue. My real sentiment is trade the share with caution and ST buy with careful entry points and stop loss positions.
Cheers
JP