RNX 0.00% 1.0¢ renegade exploration limited

payday, page-2

  1. 7,930 Posts.
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    Neddo....I bought mine in the 41 - 49 range and had to bid the market up to do so....I cetainly thought I had made a mistake for a few days as well as there was no decent bid volume for an emergency exit - so although on the face of it I was in profit if I had sold it would have been at a loss given the lack of bids...

    Still if you believe in the underlying story and it looks as good as OVR's then quality has a habbit of attracting investment.....after a fair bit of nervous cash exited the market recently - needs a home where the assets look good.

    How about $1.70 odd for the zinc project alone - that's the mid figure between t4p's numbers and mine at 5% in situ and 90% recovery...

    Although to be fair to t4p I would think that reason my numbers were different to his is because my numbers were wrong .....wrong sg....wrong recovery rate or what have you...

    I like to keep a forward plan for shares I hold for any length of time.....I have OVR down for $1.50 by the end of March......I do hope that is too conservative.

    EB




 
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