positive market reaction, page-62

The more posts I read hear here... the more I appreciate the distinct differences between a trader and an investor.
Unfortunately one has a big impact on daily fluctuations which may impare the perception of a quality company.

The thing that seems to be forgotten with the hypotheticals, short term chart prognosis, the power of persuation and the capacity of some to ramp either way is....

There is gold in them there hills!!
And these guys are hitting it at shallow depth.
Sure makes for a cheap mine eventually.. Medusa is in the Philippines and is one of the worlds lowest cost producers. Unlike oz where many mines or projects have been put on hold due to the exorbitant cost of mining per ounce..
RMX have secured mining leases.
They have JORC compliant resource of 408000 ounces (sep 2013)
They are starting an aggressive drilling campaign for more ounves under shallow bonanza trenching results.
They bought the asset off Mindoro for 10million after extensive work had already been done and some of management follwed to see this through.... eg. John Dugdale.

Its not smoke and mirrors that some traders may have you believe depending on their buy-in price and exit strategy over the course of a few hours or days... and of course this changes as well. I have red posts on numerous threads where people are flipping and flopping and changing there opinion according to whether they are currently holding or not...... and that can be over a week. Promote then demote. Buy then sell. Pretty simple.

If RMX pull the gold out like what they think is there then who knows what this will be valued at in the future..... weeks, months or even longer term. If you are just trading then play the psychological game rather than believing in the assets and potential given their location in the Golden Rim of Fire...